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BRICS Bloc Is Adding Members, Planning New Currency To Challenge US Dollar
(geopoliticaleconomy.substack.com)
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I doubt all of these countries are going to be willing to give up their own sovereign currency to make this joint currency useful enough.
Except that's not the framing they view the issue in. They see it as preferable to remaining financially kept on the hook and leash of the US, only to have their chain jerked and be threatened whenever they 'act out of line'.
I agree that is why they are talking about it.