MikeCristo8: BRICS and Saudi Arabia are Divorcing from the US Dollar

MikeCristo8
@MikeCristo8

The Fed will raise rates by 25 bps.

The Fed isn’t going to bail any of you people out including Elon Musk.

Oil price gonna collapse.

The U.S. is definitely worried about BRICS.

BRICS (including Saudi Arabia) are divorcing themselves from the dollar right now.

Got commodities?

Unpopular opinion.

Jerome Powell needs the dollar to collapse.

BRICS is working to bring down the dollar.

Blackrock is funding the U.S. Treasury through the exchange stabilization fund.

Stocks only go up.

Why do you think BRICS is turning to gold-backed currency?

You can’t industrialize using an inflationary fiat currency.

Because prices of raw materials always go up.

Gold is the liability that settles your trade imbalance (of raw materials) during industrialization.

This is why the dollar is being rejected.

The dollar is an inflationary currency.

Saudi Arabia is saying the quiet part out loud.

They’ve already made the switch to petroyuan.

I told you all the Fed and BoJ need to crash the dollar by October 1.