Post
Topic
Board Economics
Re: BRICS establish $100bn bank, currency pool to cut out Western dominance
by
SHA255
on 20/07/2014, 02:12:22 UTC
They're really going after the dollar. I think that's a good thing. This one-currency domination thing is not good for the world's economy.
The dollar dominates the world economy because it is stable and the US economy is so big.

Even IMF loans are generally denominated in dollars.