BRICS Isn’t De-Dollarizing Anytime Soon
Why the Global South path away from the dollar will be longer and more difficult than many friends of BRICS imagine.
Read more...Category Archives: Payment system
BRICS and De-Dollarization: An Alternative or Potential Disaster?
A discussion of some proposals for the BRICS de-dollarization project, suggesting a lack of convergence of ideas among key players.
Read more...First Russia-China Barter Trade May Come This Autumn, Sources Say
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Read more...BRICS Considers Mutual Settlements Similar to the Early EU
Finally, a comparatively modest BRICS-escape-the-dollar proposal that makes sense.
Read more...Target Just Became the Latest US Retailer to Stop Accepting Payment by Checks. Why Have So Many Stores Given Up on Them?
Retailers and banks are discouraging the use of checks. Why?
Read more...Status of US Dollar as Global Reserve Currency: Central Banks Diversify from USD-Assets to Other Currencies and to Gold
Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold
Read more...TaxCast #142: Blockchain Havens
How blockchain/crypto tax havens are displacing traditional tax havens.
Read more...The Rise and Fall of Paper Money in Yuan China, 1260–1368
This column studies the rise and fall of paper money in 13-14th century China over three stages: full silver convertibility, nominal silver convertibility, and fiat standard.
Read more...The U.S. Finally Started to Crack Down on Crypto in 2023
An overdue clean-up in crypto has finally started. But will it go very far?
Read more...Russian Asset Seizure Scheming: EU and Euro as US War Proxies Would Take Most Risk; USD Assets Only $4.6 Billion
Addressing wide-of-the-mark commentary on the latest too-clever Western idea. of stealing the $300 billion in Russian central bank assets.
Read more...Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)
Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Read more...What Does Mustard Gas Have in Common with Crypto and Blockchain?
In Let Them Eat Crypto, Peter Howson warns that these schemes are fraudulent and causing indefensible harm to both humanity and the planet.
Read more...What Good Is Dreaming, Anyhow?
Dreaming of Covid and propaganda…
Read more...Jim Chanos: “The Crypto Ecosystem Is Well-Suited for the Dark Side of Finance.”
The famed short-seller talks Sam Bankman-Fried, why Wall Street is still so keen on crypto, and how technology is making us dumber
Read more...BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western
Yet more evidence that the BRICS aren’t ready to launch a serious anti-dollar/new currency regime.
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