Comments by "MarcosElMalo2" (@MarcosElMalo2) on "The Growing Revolt Against the US Dollar" video.

  1. It’s looking more and more likely the name will change to BICS.
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  2.  @Kabodanki ignorant comment. Vietnam and China have very distinct cultures and societies. The truth is, U.S. Hegemony is preferable to Chinese or Russian Hegemony to most of the world.
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  3.  @torrencec5337 the problem is no one knows the true value of a yuan because of the China bank’s lack of transparency. The U.S. Federal Reserve is very open about money supply and interest rates ahead of time. China is very secretive about the moves that its reserve bank makes. If you think BRICS as a group is going to create a replacement reserve currency, what are waiting for? They’ve created a reserve bank that has issued bonds. Why no currency like they promised?
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  4.  @paladro we needed a parking lot more than he needed that tree.
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  5. ⁠ @alexguolo5872 at a certain point you cannot lower interest rates to spur growth. All the juice has been squeezed out of the interest rate naranja. What you need is a new orange filled with more juice. You get such an orange by raising interest rates for a period.
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