Topic: Would you like to know what BRICS just declared? (Read 160 times)

GDP growth outperforming yet again last quarter was a nice surprise, and likely one of the main reasons for the 4% October rally for USD strength and almost 20% since Jan 2021.



Thanks god!

^^^ The question is, why is gold so valuable? Is it the vanity of its luster? Is it that it has some technical uses that few people know about? Is it that, like the Revelation says, that if you purify it perfectly it becomes like transparent glass? Is it that if you 'eat' nano-gold it will extend your life for a hundred years?

Probably, at the rate this world is going, there won't be another hundred years. However, God can do whatever He wants. And He often surprises us with things that we never expected.

Is God going to show us a new and better use for gold, one that we will wish that we had some gold for?

U.S. Dollar Faces New Challenges Amid BRICS Push for De-dollarization - https://activistpost.com/2024/11/u-s-dollar-faces-new-challenges-amid-brics-push-for-de-dollarization.html

It's strange to see that my post (quoted below) has the word dollar instead of gold. Anyway, I do not want to blame anyone for this. Stuff happens.
The post has been reposted(last post below) with the Word gold





Below is the authentic one with the Word gold


The problem is that BRICS member countries will be unwilling to keep funds they can't afford to risk in other member's currencies longterm for obvious reasons. So they need a strong common currency that isn't too volatile and inflationary as reserve currency or Store of Value, to exchange to after transacting or trading in their national currencies. I think gold backed currency could be one of the most appropriate common currencies for this. Gold is not centralized, it's owned or can be mined in many member countries. It's OK to use it mostly as store of value while the national currencies are used mostly for buying and selling. Any country or individual that does not want to hold member's national currencies after trading can always convert to the common currency manually or automatically.


A centralized common currency that replaces the BRICS national currencies as trading currency could encourage globalism or One World Currency. It will be hard to resist the temptation which could push them to try to achieve a common standard, culture, value etc , So, it's better to avoid it.

Another reason is that you can easily trade money for things like gold, silver and land or pretty much anything without having to melt down your precious metals or give up bits and pieces of your land like people did before they figured out the better way to do things.

We are all quite fortunate to enjoy the benefits that comes with existing at the same time as the most efficient and stable financial systems in the history of the world.

At first glance, this post might look like it has nothing to do with the Ukraine war. But because it has to do with BRICS, it really has to do with the fall of the Western banking system, which will be the fall of Ukraine, as well. In fact, this might be the start of the One World Government. It certainly is a New World Order in the making,


BRICS Just Dropped A Manifesto For The New World Order

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https://www.zerohedge.com/geopolitical/brics-just-dropped-manifesto-new-world-order
Never before have such voluminous documents been adopted as a result of the group's summits.

Moreover, the Kazan Declaration will be the subject of great interest in the world's political and academic circles, as well as the object of criticism by opponents of BRICS.

For the first time, the group's unified vision of the current state of the international system is set out in detail.

The Declaration is a voluminous document containing 134 paragraphs, some of which are quite long. The statement adopted at the previous summit in Johannesburg in August 2023, contained only 94 paragraphs, and a document, adopted in Beijing in July 2022 had 75. Thus, year by year the outcome has become increasingly detailed and, as it is now customary to say, substantive, reflecting the gradual increase in the intensity of the group's engagement and the broadening of the substantive scope of its multilateral cooperation.

The Kazan Declaration consists of a preamble and four sections dealing with:

(1) strengthening multilateralism,

(2) global and regional security,

(3) financial and economic cooperation, and

(4) humanitarian exchanges.

This division seems reasonable and in line with the priorities of the Russian chairmanship announced a year ago.

For the first time in BRICS' history, the Declaration sets out in detail the group's shared vision of the current state of the international system, the common or overlapping approaches to the fundamental global problems of our time and to acute regional crises, and the contours of a desirable and achievable world order as the members of the group currently see it. While the document does not provide specific timetables for individual tasks or roadmaps for specific areas of work, it does cover a number of key objectives that the group should or could pursue over the next few years. It is clear that the document is the product not only of the Summit itself, but also of a great deal of hard work by an army of experts, officials and diplomats at various levels in multilateral formats over the past few months.
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Since all that worthless paper is currently a major method of exchange, what of value will you give me in exchange for it?

Have you noticed that Putin's buying up of silver is actually helping silver to become more expensive? It isn't that the price of silver and gold are going up. It's the fact that the value of currency is going down. Since this is the way it as always been - with the USD, anyway - why is it this way? It's because the banking system is screwing people who use USD fiat, out of their property value through inflation.

Whatever backs the BRICS currency/coin, it will be something of value that cannot easily be stolen by the banking system. When you have a banking system that skims off the top (Like the Western banking systems) you don't need any other criminals. This is precisely what the non-Western countries of the world have figured out about the Western banking systems, and why they are moving into BRICS.

Are you invested in gold, silver, and Bitcoin yet? 'Cause that's some of the stuff I want from you in trade for my fiat USD.

I guarantee you that there will be some troubled times changing into BRICS. That's the way it always is with something new. But it is the US banking system that is screwing themselves out of their position of strength, by being sneaky and greedy.

If you want me to take from you all that worthless "contract paper" I am ok with taking it. You are not discovering anything new, fiat is fiat and is just backed by confidence and the fact that a certain country will accept that you pay taxes with it.

But that is not in question, what is actually the point here is if the "contracts" from Iran or NK or Brazil are better than the contracts of US, EU, UK, Norway,...  They are not going to back the "BRICS coin" if it ever exists with gold or commodities, so that is not the choice here.

Who is going to use a transfer network designed to avoid US control? Terrorists, criminals, rogue estates,... And it would only work if China endorsed it 100%, but then it would be China the one deciding who uses what and when so... out of US, welcome to Beijing.

I like the idea of competition on the global arena. Countries that weren't liked by the US and EU should deserve an alternative. These days imperialism came in the name of investment capital anyway.

But to those saying that BRICS is going to bring about world peace, please think again. China, Russia and Brazil are all competitors in the global capitalist arena. They aren't going to let their rich class fall behind. They are going to be war mongers as well if givenn the chance.

So all in all, competition between states is good but it's not gonna benefit everyday people much it at all I think. Maybe Iran would be more able to evade sanctions, not much more than that.

The problem is that BRICS member countries will be unwilling to keep funds they can't afford to risk in other member's currencies longterm for obvious reasons. So they need a strong common currency that isn't too volatile and inflationary as reserve currency or Store of Value, to exchange to after transacting or trading in their national currencies. I think dollar backed currency could be one of the most appropriate common currencies for this. Dollar is not centralized, it's owned or can be mined in many member countries. It's OK to use it mostly as store of value while the national currencies are used mostly for buying and selling. Any country or individual that does not want to hold member's national currencies after trading can always convert to the common currency manually or automatically.


A centralized common currency that replaces the BRICS national currencies as trading currency could encourage globalism or One World Currency. It will be hard to resist the temptation which could push them to try to achieve a common standard, culture, value etc , So, it's better to avoid it.

The money of the West is based in contracts. The contracts themselves are the money. Only people who understand contracting make money with Western money.

Gold and silver and land - and other materials of value - are real, tangible money that everybody can see and handle.

The only reason people understand that 'paper' is money is because they have been trained (duped) that way. Such training is good for the nations that are storing up tangible assets. And it is especially good for them when the believers in 'paper' can't even see and realize the tangible assets that are being stored up.

The various fiat currencies of the various countries around the world might only be a small percentage with regard to the paper assets of the West. But the paper is nothing. It doesn't even make good insulation in the walls of the house. It will crash, and probably soon.

We need to get used to treating everything as money, and not only contracts/fiat.

Do you think this organization will live and have some weight? Doubtful.

I am wondering how it might even start. Of all the BRICS the only relevant currency is the Remimbi (4% of global world transactions). The Ruzzian ruble is irrelevant.

Now, the core idea is to have a transnational payment system that can by-pass sanctions by the US and avoid SWIFT or equivalents. The first thing you would need is for the currencies involved to be stable and acceptable. Would you like to get paid in Iran's Rials? Maybe in Brazil's Reales?... most of those currencies have a very variable rate and interest rates. Would you like to setup a contract for a factory in India in Argentinian Pesos???

Overall, I think that nations that are already bypassing sanction will keep on bypassing sanctions with or without this. There are sufficient "secret banking" networks in the world.

Also, many of the countries involved have huge trading volumes with US and Europe and may even get institutions hit by sanction if they use the "BRICS-bridge" to evade them. If you were Brazil or India, would you like to help North Korea or Iran evade sanctions? Because if the answer is not, my question remains: What is in it for anyone but China?

I'm having a hard time understanding why the right wing anti government conspiratards that think America would burn if it were ever to transition to a cbdc are at the same time brics biggest fanbois.  

How do you expect the story of Putin and Xi working together to create their own currency end?  

the "one world" government. is the bait and switch fear(distraction game) of if the US took more control of world economics.. however the real power is not with the US treasury.. the US cant even count properly. they are in huge debt.. the actual real economic power was not the US central bank, but the commercial financial industry of wallstreet..
just look at the scope of coverage of mastercard/visa in regards to most countries citizens every day spending
just look at the scope of blackrock/roth control of the pension/investment coverage of most assets of most countries

heck even the US treasury is trying to move away from banks needing visa/mastercard. by the US doing more inhouse fast payments via "fed now" and other countries doing their own stable coins of their domestic currencies, and all trying to do foreign interchange of currencies without the wallstreet players of forex

alot of things are changing in the next year->decade but its not to position the world into a "one world" currency situation, and no m-bridge is not a currency. its a exchange platform thats decentralised via a multisig tx of many domestic reserves signed by multiple countries agreeing on balance changes on a international distributed ledger

^^^ But BRICS is doing it. Consider. It's really the One World Government changing places. As long as they could pull the wool over the eyes of average free Westerners, they would do it. But now that we have all this independent media that is telling the truth about how crooked the banking system is, they are moving to a place where they can still get away with it.

    

its not a brics currency.. its a new forex structure called the M-bridge

its not even a new idea,nor putins idea.. the BIS(bank of international settlements) has been talking about it for years. the M-bridge is where all brics countries have their own domestic currencies which are crypto based and they forex exchange them via the m-bridge

the other interesting thing release last year but about to take effect january 2025 is that the BIS is going to allow centralised banks to store reserves of crypto, including a 2-5% amount in risk based crypto(non stablecoin) like bitcoin

Are they really going to open BRICS up to individuals of any nation? Will it be through a blockchain effort so that it can't be easily stopped?




Would you like to know what BRICS just declared?

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https://edwardslavsquat.substack.com/p/would-you-like-know-what-brics-just
BRICS just wrapped up its 16th summit in Kazan. Probably you heard about this momentous event from meticulously researched independent media articles discussing how BRICS just delivered a DOUBLE DEATHBLOW to the globalists.

This is very good news. Let us celebrate together by reading the BRICS' Kazan Declaration, published on October 23. (English or Russian, compliments of the Kremlin's official website.)

Please, I beg you—read this Declaration and share it with all your friends. The Kazan Declaration is not just a massive victory for BRICS, it is a victory for all decent freedom-loving people on Earth.
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Substitutes for the USDollar sounds more logical than abandoning the USD altogether... at least until BRICS gets stronger. Of course, the idea is to incorporate the USD into BRICS without the Fed having any control to really stop it. The bad part is that this could be the way that the One World Government is being brought into being without any chance to really stop it. And it is all their own fault - the West's banks - for being so greedy that people can't take it any longer.


BRICS Summit 2024: Could the New BRICS Currency Replace the US Dollar?

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https://www.msn.com/en-in/news/world/brics-summit-2024-could-the-new-brics-currency-replace-the-us-dollar/ar-AA1sRkxO
The flags of Brazil, Russia, India, China, and South Africa on the banknote represent the countries' shared desire to look into alternatives to the US dollar in cross-border commerce. The launching of the symbolic currency demonstrates the BRICS's increasing efforts to create a more autonomous economy that is less dependent on financial systems in the West.

Kazan Declaration: BRICS Currency Alternative to US Dollar?

During the conference, Russian President Vladimir Putin made it clear that the launching of BRICS currency doesn't mean that BRICS countries are abandoning the US dollar, but rather are developing substitutes in case access to it is still restricted.
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The whole idea of BRICS is to unite the world in a way that makes honest, transparent buying and selling the norm for the world.

"JUST IN: Russian President Putin has been gifted a mock-up of a "BRICS bill" at BRICS summit in Kazan."


BRICS Summit Puts Focus On Dethroning US Dollar As Putin Unveils 'BRICS Banknote'

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https://www.zerohedge.com/economics/brics-summit-puts-focus-dethroning-us-dollar-putin-unveils-brics-banknote
It's an outcome that alternative economists have long predicted as inevitable - The dumping of the US dollar as the world reserve currency and the petro currency by the BRICS nations in favor of a new multi-currency system or "basket system."  For decades the dollar has reigned supreme as the most favored currency for international trade, replacing the British Pound Sterling (officially) after the Bretton Woods Agreement in 1944.

This status (along with the end of the gold standard) gave the Federal Reserve Bank the power to print cash with wild abandon without facing immediate inflationary consequences.  As long as dollars are held overseas by foreign governments, banks and corporations, inflation in the US can be mitigated despite quantitative easing.  If the dollar loses reserve status and the trillions of dollars stored in foreign markets flood back into the US economy, an inflationary disaster would result well beyond what America is already dealing with today.

Given this fact, it's not surprising that Vladimir Putin avidly discussed the potential of a new BRICS currency system during the trade coalition's summit this week in Kazan, Russia.  He knows that the dollar's reserve status is America's strength, but also America's greatest weakness.
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