• 2 Posts
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Joined 1 year ago
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Cake day: October 19th, 2023

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  • I don’t think a BRICS currency will be successful in replacing the dollar unless the governments of the participating countries force their businesses to use it. The reason why transactions are denominated and settled in US dollars is because of the perceived stability of its value and the openness of the US financial system to international trade. People use the US dollar because they trust the American government to not excessively devalue it and for it to be reliably useful later on.

    And yes, I recognise that all of these are under attack by the current US government.



  • It’s extremely frustrating to see this guy dropping one truth bomb after another just to have nobody listen to him. I wish Sanders was younger.

    Edit: It’s really sad, now that I think of it. Here is a man who has devoted his entire life to the betterment of his country. And here he still is, in his eighties, continuing to fight to prevent the rights and liberties that he in his twenties fought to create from being undone. If there was any justice in this world, he should have just now wrapped up his term as President of the United States and be enjoying the few years he has left on this earth in peace after having passed the torch to the next generation of Democratic leaders. Bernie Sanders, a true patriot and devoted warrior for the working class to the very end.