Currency Warfare: BRICS Sets Sights On Dethroning US Dollar


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Currency Warfare: BRICS Sets Sights On Dethroning US Dollar

Currency Warfare: BRICS Sets Sights On Dethroning US Dollar

 

(ConcernedPatriot.com) – The possibility of creating a currency to compete with the U.S. dollar will not be discussed at the 15th BRICS summit, which starts on August 22 in Johannesburg, according to South African government officials who spoke to The Epoch Times.
 

However, other analysts are sure that this week's gathering will signal the start of the creation of a BRICS currency backed by gold to halt what the group considers "U.S. dominance of global finance structures."
 

The BRICS comprises Brazil, Russia, India, China, and South Africa. The bloc was formed in 2009.

U.S. Won't Prevent Partners From Deciding to Join BRICS, Says White House

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