Kaoboy Musings

Kaoboy Musings

Re: Geopolitics/Oil/USD - BRICS-a-Brac?

De-dollarization hysteria is all the rage these days; as always, I'm happy to debunk it with cold, hard logic and empirical evidence to the contrary.

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Michael Kao
Apr 07, 2023
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Dictionary.com defines “Bric-a-Brac” as “miscellaneous objects and ornaments of little value.”

Despite all the recent hyperbole about the BRICS (Brazil, Russia, India, China, South Africa) nations forming a challenger to the USD, I believe it will amount closer to "Bric-a-Brac” than GRC contender.

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