BRICS Nations Are Trying To Replace The Dollar
Published: 2025-03-07
Status:
Available
|
Analyzed
Published: 2025-03-07
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Trump threatened a 100% tariff on BRICS nations if they 'play games' with the US dollar.
"president Trump went out and he made an announcement about the bricks Nations and he said that those bricks countries could see a potential 100% tariff quote if they want to play games with the United States dollar"
Pending
The president of Brazil stated that BRICS is committed to ending US dollar dominance.
"bricks is committed to ending United States dollar dominance no matter what"
Pending
The BRICS president believes Trump's tariff threats will not deter the group's pursuit of alternative payment platforms.
"US president Donald Trump's threats of tariffs won't stop the group determination to seek alternative platforms for payments between member countries"
Pending
The US dollar became the world's reserve currency in 1944.
"in 1944 the United States dollar became the world's Reserve currency which gave it a ton of power"
Pending
Trump stated that any BRICS state mentioning dollar destruction would face a 150% tariff, implying this action led to the breakup of BRICS (this statement is presented as a consequence of Trump's actions).
"any bricks state that even mentions the destruction of the dollar will be charged a 150% tariff and we don't want your goods and the brick states just broke up"
Pending
Significant changes in government, economic policy, Doge, tariffs, and technology are expected in 2025.
"we're seeing a lot of changes happen in 2025 we're seeing changes with our government we're seeing changes with economic policy we're seeing changes with Doge we're seeing changes with tariffs and we're also seeing changes with technology"
Pending
Gold prices have been soaring over the past 24 months.
"take a look at gold we've been seeing gold prices sore in the last 24 months"
Pending
Central banks, particularly in BRICS countries, are buying gold to strengthen and back their currencies.
"part of the reason for that is because the central banks around the world especially with these bricks countries have been buying up gold as a way to strengthen their currencies as a way to back their currencies"
Pending
A default by the US government would cause global panic.
"if the States government were to default that would create Panic around the world"
Pending
President Nixon removed the dollar from the gold standard in 1971.
"president Richard Nixon in 1971 temporarily took the dollar off of the gold standard"
Pending
The Federal Reserve gained the ability to print unlimited amounts of money after the dollar was taken off the gold standard.
"this gave the Federal Reserve Bank the authority and ability to essentially print money out of the a print unlimited amounts of money"
Pending
Significant inflation occurred after 1971, with the late 1970s and early 1980s experiencing higher inflation than the post-pandemic period.
"after the 1971 whole issue we also saw a ton of inflation the late 1970s saw some of the highest inflation that we have seen in the century uh according to economists the inflation that we saw post pandemic was still not as high as the inflation that we saw in the late 1970s early 1980s"
Pending
Interest rates reached 15-18% to combat inflation.
"between 15 16 17 and 18% as a way to cool down the inflation problem"
Pending
Trump threatened a 100% tariff on BRICS nations if they 'play games' with the US dollar.
"president Trump went out and he made an announcement about the bricks Nations and he said that those bricks countries could see a potential 100% tariff quote if they want to play games with the United States dollar"
Pending
The president of Brazil stated that BRICS is committed to ending US dollar dominance.
"bricks is committed to ending United States dollar dominance no matter what"
Pending
The BRICS president believes Trump's tariff threats will not deter the group's pursuit of alternative payment platforms.
"US president Donald Trump's threats of tariffs won't stop the group determination to seek alternative platforms for payments between member countries"
Pending
The US dollar became the world's reserve currency in 1944.
"in 1944 the United States dollar became the world's Reserve currency which gave it a ton of power"
Pending
Trump stated that any BRICS state mentioning dollar destruction would face a 150% tariff, implying this action led to the breakup of BRICS (this statement is presented as a consequence of Trump's actions).
"any bricks state that even mentions the destruction of the dollar will be charged a 150% tariff and we don't want your goods and the brick states just broke up"
Pending
Significant changes in government, economic policy, Doge, tariffs, and technology are expected in 2025.
"we're seeing a lot of changes happen in 2025 we're seeing changes with our government we're seeing changes with economic policy we're seeing changes with Doge we're seeing changes with tariffs and we're also seeing changes with technology"
Pending
Gold prices have been soaring over the past 24 months.
"take a look at gold we've been seeing gold prices sore in the last 24 months"
Pending
Central banks, particularly in BRICS countries, are buying gold to strengthen and back their currencies.
"part of the reason for that is because the central banks around the world especially with these bricks countries have been buying up gold as a way to strengthen their currencies as a way to back their currencies"
Pending
A default by the US government would cause global panic.
"if the States government were to default that would create Panic around the world"
Pending
President Nixon removed the dollar from the gold standard in 1971.
"president Richard Nixon in 1971 temporarily took the dollar off of the gold standard"
Pending
The Federal Reserve gained the ability to print unlimited amounts of money after the dollar was taken off the gold standard.
"this gave the Federal Reserve Bank the authority and ability to essentially print money out of the a print unlimited amounts of money"
Pending
Significant inflation occurred after 1971, with the late 1970s and early 1980s experiencing higher inflation than the post-pandemic period.
"after the 1971 whole issue we also saw a ton of inflation the late 1970s saw some of the highest inflation that we have seen in the century uh according to economists the inflation that we saw post pandemic was still not as high as the inflation that we saw in the late 1970s early 1980s"
Pending
Interest rates reached 15-18% to combat inflation.
"between 15 16 17 and 18% as a way to cool down the inflation problem"
Pending