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You are not interested in building a knowledge base for students. You are only interested in [[trolling]] people you deem "enemies" in a lame pursuit of one-upmanship. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''The Truth. Just Putin It Out There'']]</sup> 18:46, October 28, 2024 (EDT)
 
You are not interested in building a knowledge base for students. You are only interested in [[trolling]] people you deem "enemies" in a lame pursuit of one-upmanship. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''The Truth. Just Putin It Out There'']]</sup> 18:46, October 28, 2024 (EDT)
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==Understating BRICS==
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:*[https://www.whitehouse.gov/briefings-statements/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/ Council of Economic Advisors Chair Steve Miran Hudson Institute Event Remarks]. Apr 7, 2025:
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{{Cquote| imagine two foreign nations, say [[China]] and [[Brazil]], trading with each other. Neither country has a currency that is trusted, liquid, and convertible, which makes trading with each other challenging. However, because they can transact in [[U.S. dollars]] backed by U.S. Treasuries, they are able to trade freely with each other and prosper.}}
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::He's out of touch. That's the way the world ''used to'' work. Not anymore:
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:*[https://www.news.com.au/finance/markets/world-markets/brazil-china-ditch-us-dollar-for-trade-payments-favour-yuan/news-story/682a517c37ba14f306e65ad0e83f6307 Brazil, China ditch US dollar for trade payments, favour yuan] - News.au, Mar 31 2023
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To understand BRICS, I would suggest studying the [[Joint-currency float]] of the [[Benelux]] countries between [[Nixon]] closing the Gold window in 1973 and the issiance of the [[Euro[[ in 1994.
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