Very interesting read. I should be less surprised by such an invention, but I am nonetheless. BRICS is going to change the world if it succeeds, shifting power away from the west. BRICS Pay is not what I would have expected, however. But a united pay service between Brazil, Russia, India, China, Saudi Arabia, and now more countries has the potential to be revolutionary. What makes BRICS Pay even more compelling is its potential to empower emerging economies and encourage trade within the BRICS framework. By creating an alternative payment system, BRICS countries are setting the stage for a new financial ecosystem that bypasses the dollar, reducing dependency on Western financial systems and potentially insulating members from economic pressures exerted by other global powers.
There’s no honour amongst thieves, so when they are ALL intent on deceiving and stealing the entire planet, and when you have strange bedfellows like the brics crowd, this cannot end well. The Bible says it best: you cannot serve God and money, and…the love of money is the root of ALL evil.
From what I’ve read from a Russian Substack writer, Putin has already mandated that Russia will soon switch to an all digital Ruble. Is that not in accordance with a globalist agenda?
In light of IMF “debt trap” on vulnerable nations as a way of exploitation and as weapon of control and bullying, an alternate means must exist to address these hegemonic payment system. BRICS payment system essentially offers better way for those who have been long exploited. It is fairer and less exploitative on vulnerable nations.
Fiat money is pretend money. It has no intrinsic value and can therefore be manipulated to suit the bankers, bureaucrats, and politicians who likewise have no intrinsic value. The BRICS currency will not remain 60% pretend money because the bankers and bureaucrats running it can't stay out of people's business. The next step will be to make it 65% fiat and then, with that precedent set, incrementally unmoor it from anything real, just as the Fed did with the dollar.
I'm encouraging everyone I know and all the local businesses in my small town to at least investigate Goldbacks and Silverbacks. They're real gold and silver deposited between two layers of clear polyester about the size of a dollar bill. Because they contain real 24 karat gold they have real intrinsic value, and because they come in different denominations (in thousandths of an ounce) they can be bought in affordable increments. In five states they're legal tender, and in the others they can be used for barter.
Whether it is paper money, digital currency, or even gold, their value is not intrinsic, but comes from people's trust in them. As long as a society agrees that digital currencies or payment methods have value, they function just as well as physical currencies. In fact, most global transactions are digital.
As long as we AGREE? We agreed to the First Amendment, too (here in the US). We agreed (back when this country was getting started) that our INCOME would not be TAXED. We agreed that WE the PEOPLE would be part of big decisions, such as funding a GENOCIDE in PALESTINE...
I guess you haven't quite come to the realization that lies, theft, and cheating are going on, outrageously, and have been for a long, long time, well before our "Revolution" supposedly made everything all equal and wonderful. What happened in THAT WAR set the stage for all the rest of the Fuckery...
I understand your strong emotions about the situation in Palestine. Indeed, the Israeli-Palestinian conflict is an extremely complex situation that has caused a humanitarian crisis for decades. Many people, including some in the United States and the international community, are indeed confused or dissatisfied with the United States' military and economic support for Israel. This is a genocide of humanity and genocide. It is shameful at any time.
Speaking of taxes, don't these taxes go to the bullets that hit the Palestinian people? Don't those politicians and radicals who support Israel's war feel shameless? These are just games played by politicians and capitalists. Whether you admit it or not, I will not vote for them. The United States is already heading towards destruction step by step if these few "actors" are still in power.
Well, I think I knee-jerked to your comment, sorry about that, and I responded to "the crowd" who are following this thread... Not meaning to single you out and just hammer on you!
I will say this in response to your thoughtful and intelligent reply!
Yes, our "taxes" go to all sorts of things, but I do think the "money" is just fiat nothingness and sooner or later WE the PEEPS will be expected to pay for ALLLL this insanity... Of course, we'll all be broke by then, and so they'll maybe try to tell us we will have to do time for it, or pay it off in some kind of concentration camp... whatever.
We need to rise up, so... WHATEVER. It must stop, as you seem to also be saying.
I'm not voting for them, either. "Voting" schmoting, it's all a big farce.
I am cynical for a REASON! ;)
I did not respond to your request for messaging, b/c I didn't see this first. But it's all good. You seem like a good person. Anyway, sorry I went ARF on you, lol. Sometimes when I write I SOUND really angry-- It's just the way I write, but sometimes I AM angry...
But not at YOU. Okay, whew, blah blah blah, woof! xo
I agree. I don't really understand digital currency, but I agree digital is not real and is subject to all sorts of manipulations...including by nature, in the case of electrical grid shutdown. I asked a friend, who is strong proponent of Bitcoin the "what if" question. He said glitches in the grid are always temporary, but if such a thing as a prolonged blackout occurred, there's some sort of "radio wave" option which is difficult, but will enable retrieval of money. Hmmm. Really?
He's either utterly unaware of what's going on, or he's got something to gain by pretending it's all just fine... Or? Strikes me as pretty Too Trusting! So ya gotta wonder...
I keep asking crypto fans what will happen to their money when there's no electricity, no grid, and no wifi. If it's digital it's virtual, and if it's virtual it's "not really," and if it's "not really" money it's not even as valuable for trade as seashells and beaver furs.
It is good to have this information. Thank you, James. I will be interested in watching this transpire…having China involved gives me the twitchies but I suppose each country has an equal footing with all countries involved. We should be very concerned and vigilant about CBDC as it appears inevitable.
No doubt that is the huge impending collapse for us here. See the video? Quite clear that this will definitely cause economic crisis, if not only panic from all the big $$$ holders. Of course, it trickles all the way down to the most vulnerable living below poverty levels already. Not a good sign, being that bricks “encourages” other countries to join in- since most of the world appears to follow the same commie agendas as their supposed counterparts. Suddenly. Unexpectedly. No surprise here.
I like its ideas of decentralization. I would like it more if we were us decentralizing our own system vs supporting the BRICS system. As inviting as it is, I will not use the BRICS system.
Very interesting read. I should be less surprised by such an invention, but I am nonetheless. BRICS is going to change the world if it succeeds, shifting power away from the west. BRICS Pay is not what I would have expected, however. But a united pay service between Brazil, Russia, India, China, Saudi Arabia, and now more countries has the potential to be revolutionary. What makes BRICS Pay even more compelling is its potential to empower emerging economies and encourage trade within the BRICS framework. By creating an alternative payment system, BRICS countries are setting the stage for a new financial ecosystem that bypasses the dollar, reducing dependency on Western financial systems and potentially insulating members from economic pressures exerted by other global powers.
BRICS Pay is BIS mBridge which is UN-WEF. The BIS:
https://www.youtube.com/watch?v=rpNnTuK5JJU
To all those concerned about cash and Gold this is an excellent thesis:
https://bitstein.substack.com/p/toward-a-node-world-order
There’s no honour amongst thieves, so when they are ALL intent on deceiving and stealing the entire planet, and when you have strange bedfellows like the brics crowd, this cannot end well. The Bible says it best: you cannot serve God and money, and…the love of money is the root of ALL evil.
Blessings and prayers for you Susan M from Susan vG.
You too Sue 🙏♥️🙏
Thanks a lot James!!
Did I just hear today, about some countries saying NO to NATO and, leaving the UN 🌹🤗!?
Please tell me this wasn't fake news but, 100% correct...
I have not heard anything about that.
Then it's probably just another lie! Why am I not surprised anymore... I know you can't answer but, how happy I am, having stopped MSN ages ago..
Take care and have a good day - and not least, thanks for your honesty... Highly appreciated 🌹
From what I’ve read from a Russian Substack writer, Putin has already mandated that Russia will soon switch to an all digital Ruble. Is that not in accordance with a globalist agenda?
In light of IMF “debt trap” on vulnerable nations as a way of exploitation and as weapon of control and bullying, an alternate means must exist to address these hegemonic payment system. BRICS payment system essentially offers better way for those who have been long exploited. It is fairer and less exploitative on vulnerable nations.
Thanks James, always reporting in detail what we all need to know, and in the right time too. Thanks!
If the BRICS digital currency is backed by gold then the BIS gets to have its cake and eat it.
Backed by Gold …demand your Gold equivalents from the CCP or Russia ..righhht
Fiat money is pretend money. It has no intrinsic value and can therefore be manipulated to suit the bankers, bureaucrats, and politicians who likewise have no intrinsic value. The BRICS currency will not remain 60% pretend money because the bankers and bureaucrats running it can't stay out of people's business. The next step will be to make it 65% fiat and then, with that precedent set, incrementally unmoor it from anything real, just as the Fed did with the dollar.
I'm encouraging everyone I know and all the local businesses in my small town to at least investigate Goldbacks and Silverbacks. They're real gold and silver deposited between two layers of clear polyester about the size of a dollar bill. Because they contain real 24 karat gold they have real intrinsic value, and because they come in different denominations (in thousandths of an ounce) they can be bought in affordable increments. In five states they're legal tender, and in the others they can be used for barter.
Goldbacks and Silverbacks are the way to go !
I can't take much time to go through all this, but...
DIGITAL IS DIGITAL. Anything that isn't REAL, ACTUAL MONEY is going to be subject to being CUT OFF.
What part of concrete, actual, real value is "digital"????
Think about it. I don't think WHERE this happens is the issue, as in, which countries.
I think digital is DOOM. I won't do it.
Whether it is paper money, digital currency, or even gold, their value is not intrinsic, but comes from people's trust in them. As long as a society agrees that digital currencies or payment methods have value, they function just as well as physical currencies. In fact, most global transactions are digital.
Seriously?
As long as we AGREE? We agreed to the First Amendment, too (here in the US). We agreed (back when this country was getting started) that our INCOME would not be TAXED. We agreed that WE the PEOPLE would be part of big decisions, such as funding a GENOCIDE in PALESTINE...
I guess you haven't quite come to the realization that lies, theft, and cheating are going on, outrageously, and have been for a long, long time, well before our "Revolution" supposedly made everything all equal and wonderful. What happened in THAT WAR set the stage for all the rest of the Fuckery...
I understand your strong emotions about the situation in Palestine. Indeed, the Israeli-Palestinian conflict is an extremely complex situation that has caused a humanitarian crisis for decades. Many people, including some in the United States and the international community, are indeed confused or dissatisfied with the United States' military and economic support for Israel. This is a genocide of humanity and genocide. It is shameful at any time.
Speaking of taxes, don't these taxes go to the bullets that hit the Palestinian people? Don't those politicians and radicals who support Israel's war feel shameless? These are just games played by politicians and capitalists. Whether you admit it or not, I will not vote for them. The United States is already heading towards destruction step by step if these few "actors" are still in power.
Well, I think I knee-jerked to your comment, sorry about that, and I responded to "the crowd" who are following this thread... Not meaning to single you out and just hammer on you!
I will say this in response to your thoughtful and intelligent reply!
Yes, our "taxes" go to all sorts of things, but I do think the "money" is just fiat nothingness and sooner or later WE the PEEPS will be expected to pay for ALLLL this insanity... Of course, we'll all be broke by then, and so they'll maybe try to tell us we will have to do time for it, or pay it off in some kind of concentration camp... whatever.
We need to rise up, so... WHATEVER. It must stop, as you seem to also be saying.
I'm not voting for them, either. "Voting" schmoting, it's all a big farce.
I am cynical for a REASON! ;)
I did not respond to your request for messaging, b/c I didn't see this first. But it's all good. You seem like a good person. Anyway, sorry I went ARF on you, lol. Sometimes when I write I SOUND really angry-- It's just the way I write, but sometimes I AM angry...
But not at YOU. Okay, whew, blah blah blah, woof! xo
Lmao
I agree. I don't really understand digital currency, but I agree digital is not real and is subject to all sorts of manipulations...including by nature, in the case of electrical grid shutdown. I asked a friend, who is strong proponent of Bitcoin the "what if" question. He said glitches in the grid are always temporary, but if such a thing as a prolonged blackout occurred, there's some sort of "radio wave" option which is difficult, but will enable retrieval of money. Hmmm. Really?
Right?!
He's either utterly unaware of what's going on, or he's got something to gain by pretending it's all just fine... Or? Strikes me as pretty Too Trusting! So ya gotta wonder...
I keep asking crypto fans what will happen to their money when there's no electricity, no grid, and no wifi. If it's digital it's virtual, and if it's virtual it's "not really," and if it's "not really" money it's not even as valuable for trade as seashells and beaver furs.
lol — Zackly.
It is good to have this information. Thank you, James. I will be interested in watching this transpire…having China involved gives me the twitchies but I suppose each country has an equal footing with all countries involved. We should be very concerned and vigilant about CBDC as it appears inevitable.
https://geopolitics.co/2024/10/21/brics-to-discuss-new-global-financial-system/
BRICS as I fear it is planned by the Globalists and still reports to the IMF.
All the countries in BRICS are Communist countries.
And them WEF CFR Zionist Jews Globalists want ASTANA as the world capitol and Communism to replace Freedom and they use Brics to sell us communism.
Clever as they are Evil.
https://fritzfreud.substack.com/p/the-greatest-plan-ever-a-plan-for
Kinda leaves the United States out doesn't it?
No doubt that is the huge impending collapse for us here. See the video? Quite clear that this will definitely cause economic crisis, if not only panic from all the big $$$ holders. Of course, it trickles all the way down to the most vulnerable living below poverty levels already. Not a good sign, being that bricks “encourages” other countries to join in- since most of the world appears to follow the same commie agendas as their supposed counterparts. Suddenly. Unexpectedly. No surprise here.
Good points.
And... WAY below the poverty level...
But, even those with funds, it's hard to survive without FOOD. We ain't seen nuthin' yet.
I like its ideas of decentralization. I would like it more if we were us decentralizing our own system vs supporting the BRICS system. As inviting as it is, I will not use the BRICS system.
I agree. Towns and AREAS.