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#DeDollarization
"Rogers proceeded to detail the reasons why countries are increasingly moving away from the U.S. dollar.
The first reason is that the U.S. is the largest debtor nation in the history of the world"
news.bitcoin.com/renowned-inves…
"Rogers proceeded to detail the reasons why countries are increasingly moving away from the U.S. dollar.
The first reason is that the U.S. is the largest debtor nation in the history of the world"
news.bitcoin.com/renowned-inves…
"Another major reason Rogers mentioned concerns sanctions."
"The world’s international currency is supposed to be completely neutral. Anybody can use it for anything you want. But now Washington is changing the rules. And if they get angry at you, they cut you off."
"The world’s international currency is supposed to be completely neutral. Anybody can use it for anything you want. But now Washington is changing the rules. And if they get angry at you, they cut you off."
"One of the initiatives aimed at challenging the U.S. dollar’s dominance is the proposed BRICS currency. The BRICS nations (Brazil, Russia, India, China, and South Africa)are collaborating to establish a common currency that would reduce their dependence on the U.S. dollar"
"A growing number of countries are following the BRICS’ de-dollarization lead, including Indonesia and Venezuela"
"The potential success of a BRICS currency is widely seen as a factor that could undermine the dominance of the U.S. dollar."
"The potential success of a BRICS currency is widely seen as a factor that could undermine the dominance of the U.S. dollar."
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