BRICS: Former Congressman Says US Dollar Collapse Has Started

Former congressman Ron Paul claims the U.S. currency is already falling even if the BRICS nations are attempting to leave it

BRICS: Former Congressman Says US Dollar Collapse Has Started
BRICS: Former Congressman Says US Dollar Collapse Has Started

Even though the BRICS countries are trying to move away from the dollar, former congressman Ron Paul says that the fall of the U.S. dollar has already started. Paul also said again that the fall of the dollar has a lot to do with the “interventionist” view of the U.S.

The BRICS group has kept talking about how it wants a new currency. In particular, this option would be used to pay for things worldwide instead of in dollars. Paul says these attempts are already going on, which is more than the BRCIS countries have done. 

BRICS: Ron Paul Discusses Dollar Collapse

Former U.S. Congressman Ron Paul said in a recent YouTube video that the U.S. dollar has already started to fall apart. The former official also talked about the current state of the U.S. dollar and how it compares to the rise of the BRICS countries.

The U.S. dollar has needed help keeping its position as the world’s primary currency. But Paul thinks this is just the beginning, and the country may be to blame, saying that the United States is an “interventionist government.” 

Paul said, We intervene in personal liberty; we intervene in economic liberty. We intervene in the internal affairs of all the other nations of the world. We tell them what to do, we put on sanctions to punish them.”

Paul then talked about how the U.S.’s point of view has affected the desire to make its currency less critical. He also said, “These are the cracks we can see.” This past year, there was a significant drop in the number of times the dollar was used as the world’s primary currency. And that’s a lot, but it’s not over yet. “I think it will keep going that way.”

Paul ended by saying, “The dollar system will fall apart.” “It has already begun.” Also, he said that different countries would finally work together to make foreign payments in their currencies. Last, it was noted that the BRICS countries would be there to fight their flaws. 


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