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Academia 1 year ago
The gold standard in AI and reserve currencies
The flurry of Trump's aggressive policies on trade and technology via tariffs is testing the bounds of mainstream monetary and fiscal theory, leading to the emergence of a new energy-powered model to replace the old Bretton Woods development model.
Economy 1 year ago
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar
President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.
Regulations 1 year ago
Trump threatens 100 percent tariff on BRICS countries
"We require a commitment... that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100 percent Tariffs," Trump wrote on his Truth Social website, referring to the grouping that includes Brazil, Russia, India, China, South Africa and others.
