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Last updated: June 18, 2025, 02:49  |  Written by: Arthur Hayes

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But What

Separating fact from fiction: The BRICS currency debate

But what’s most ironic is that a BRICS currency would likely help the U.S. – as it would mean the U.S. could manufacture and export more abroad through a weaker

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Accepting BRICS currency could signal a shift in Europe’s geopolitical alliances and economic partnerships. It could indicate a desire for closer ties with emerging

If Europe accepts the BRICS currency, it could diminish the status of the U.S. dollar as the primary reserve currency. This could reduce the demand for the dollar, potentially

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Arthur Hayes can be reached at [email protected].

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