ilmscore | BRICS New Currency Could CRASH The US Dollar?! This Is How!

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Prediction
Topic
Status
m-CBDC Bridge will eliminate the need for the US dollar as an intermediary currency in cross-border transactions, potentially reducing demand for USD.
"if you want to swap say a large amount of New Zealand dollars for Canadian dollars you'll have to swap New Zealand dollars for US dollars and then us dollarss for Canadian dollars with embridge you'd be able to swap New Zealand dollars for Canadian dollars directly from a bank in New Zealand to a bank in Canada this removes the US dollar as the bridge currency"
USD
Pending
A reduction in demand for USD due to m-CBDC Bridge will weaken its value, as its strength is based on supply and demand.
"the demand for USD Falls by trillions of dollars this weakens the US dollar as the Dollar's strength is fundamentally a product of supply and demand"
USD
Pending
There is circumstantial evidence suggesting the NDB might integrate with m-CBDC Bridge, though no direct confirmation exists.
"although we couldn't find any concrete evidence that the NDB is going to use embridge the circumstantial evidence is certainly there"
m-CBDC Bridge
Pending
The NDB's base in China, and the participation of China, Hong Kong, and UAE in both NDB and m-CBDC Bridge, suggests potential integration.
"the NDB is based in China recall that Hong Kong and China are two of the five participants in embridge the UAE also happens to be one of the shareholders in the NDB and you'll recall that it too is a participant in embridge that makes three out of five"
m-CBDC Bridge
Pending
The launch of m-CBDC Bridge could signal the decline of US dollar dominance, but this will be a gradual process with challenges.
"the launch of embridge could very well Mark the beginning of the end of the US Dollar's dominance but it's going to take time and there will be lots of setbacks along the way"
USD
Pending
The US will leverage the power of the US dollar and dollar-denominated debt, rather than military force, to maintain its financial influence.
"the US will not do this through War because it has a weapon more powerful than any nuclear bomb the US dollar and the trillions of dollar denominated debts that countries owe making the dollar stronger is enough to bring many countries to their knees"
USD
Pending
Widespread adoption of the BRICS payment system could potentially challenge the US dollar's dominance.
"if the brics payment system gets adopted it really has the potential to Dethrone the US dollar"
BRICS Payment System
Pending
The BRICS currency is likely to be a wholesale currency within the m-CBDC Bridge system, primarily for central and commercial banks, possibly to manage surplus currencies like rupees.
"it's likely that the bricks currency will be wholesale contained to the Enbridge system and used exclusively by the central banks and Commercial banks that are a part of that system notably its only purpose could be to ensure that nobody is left holding say billions of rupees that they don't need"
BRICS Currency Purpose
Pending