Luigi1 Posted October 5, 2025 Report Share Posted October 5, 2025 Here's an article of GCR-NESARA interests... BRICS Dollar Devaluation Advances With New Payment Systems. Treat as a rumor. Not verified. Your opine. FROM ALTERNATE SOURCES: BRICS Dollar Devaluation Advances With New Payment Systems. ARTICLE: As BRICS nations build their own financial rails & lean on gold, the Dollar’s grip is under direct challenge. Payment Infrastructure: Building Alternatives To SWIFT: ● At the Rio summit, BRICS leaders discussed a guarantee fund to undergird BRICS Pay, intended for local currency settlement without resort to Western banking networks. ● The bloc is shifting focus from grand unified currency schemes to interoperable payment systems and national rails, per analysts at GIS Reports. ● BRICS Pay is a decentralized messaging mechanism where member nations route payments via local currency systems ● While technical and regulatory gaps remain, prototypes and pilot links (e.g. between SPFS, CIPS, UPI, Pix) are being tested to bypass SWIFT. Gold & Local Currency Strategy: Anchors for De-Dollarization ● BRICS nations now hold over 6,000 tons of gold — about 20-21% of global central bank reserves. Russia and China together control nearly three-quarters of that total. ● This accumulation acts as a hedge and backing for alternative currency initiatives and reduces exposure to dollar volatility. ● Trade among BRICS states increasingly uses settlement in national currencies, reducing the need for dollar liquidity and hedging. Competing Views, Internal Tensions & Rebalancing ● Some analysts argue BRICS is pulling back from aggressive de-dollarization, focusing instead on gradual shifts in trade settlement. ● Indian officials maintain that while BRICS jointly explores alternatives, they have no intention to undermine the U.S. dollar outright. ● Political pressure from the U.S. — including threats of tariffs — adds complexity. Russia has responded by distinguishing between a settlement system and a new currency, signaling continued work despite external pressure. ● Diverse economic structures, regulatory standards, currency convertibility, and trust among states pose serious technical and institutional hurdles to full integration. The Shift: Out With The Old, In With The New: Traditional dollar-based networks & financial dominance are being contested. BRICS is investing in alternative rails, backed by tangible assets & local currency trade. Power over payment systems, reserve strategies & settlement becomes a core battlefield. In effect, we are witnessing a structural reconfiguration of global finance, where decentralized, sovereign-controlled systems are replacing old hierarchies. Why This Matters / Key Takeaway: BRICS’ push for Dollar-free payment systems & gold-backed safeguards is not just incremental — it’s rearchitecting how trade, credit & capital move globally. As Dollar dependency weakens, new centers of financial gravity emerge. This Is Not Just Politics — It’s Global Finance Restructuring Before Our Eyes: Sources & Further Reading: Watcher.Guru – BRICS Dollar Devaluation Advances With New Payment Systems Watcher Guru. GIS Reports – BRICS making incremental progress in Dollar-free trade GIS Reports. InvestingNews – How Would a New BRICS Currency Affect the U.S. Dollar? Investing News Network (INN). Wikipedia – BRICS Pay Wikipedia. Reuters / news – India says BRICS have no interest in weakening USD. Reuters Reuters / news – Russia says threats won’t stop BRICS payment work. Reuters. The Guardian – Putin calls for alternative payment system at BRICS summit. The Guardian. Luigi's two cents worth... BRICS de-valuation of the USD is counter productive. This will drive up the costs of BRICS exports while reducing the costs of US Exports. This will make the US to be more competitive & BRICS less competitive. Maybe this is all part of the overall plan to even the trade playing field. This might also be part of the plan moving on to a 1 to 1 currency ratio between nations. The end goal is a one world global currency. IMHO. 1 Quote Link to comment Share on other sites More sharing options...
umbertino Posted October 5, 2025 Report Share Posted October 5, 2025 Quote BRICS de-valuation of the USD is counter productive. This will drive up the costs of BRICS exports while reducing the costs of US Exports. This will make the US to be more competitive & BRICS less competitive. End Quote Hmmm....Once again....I guess we'll have to wait and see about that...... 1 Quote Link to comment Share on other sites More sharing options...
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