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livus , to world in The Money of The Upstarts – The BRICS countries want to create their own currency to end the hegemony of the U.S. dollar. China holds a dominant position in the alliance.
@livus@kbin.social avatar

Yeah this is the rumour that's circulating but there haven't been any formal announcements about BRICS currency.

I think the bank is happening though.

birdcat , (edited ) to world in The Money of The Upstarts – The BRICS countries want to create their own currency to end the hegemony of the U.S. dollar. China holds a dominant position in the alliance.
@birdcat@lemmy.ml avatar

Yup, I can confirm this firsthand by quoting my South African friend:

Dude I don’t give a shit, we just want to destroy the US and then invade Europe.

Pretty based stuff huh?

bernieecclestoned , to world in The Money of The Upstarts – The BRICS countries want to create their own currency to end the hegemony of the U.S. dollar. China holds a dominant position in the alliance.

Fight against inflation in Western countries?

Argentina inflation rate is 116% !!!

Venezuela 404% !!!

And there is no credit crunch, it’s a liquidity crunch

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