BRICS asks "Who needs a currency backed by bullshit?"

[UnseenParticipant]

BRICS, a coalition of nations determined to reject the US Dollar (aka “petrodollar”) as the world’s reserve currency, will grow in 2024 to a group rivaling or exceeding the United States in resources and backed by commodities they possess, not the “full faith and credit” B.S. of the US Dollar. This coalition will control 80% of the world’s oil, for example.

At first, facilitating trade in their native currencies, BRICS’s eventual goal is to devise a BRICS currency.

The threat to the US will be in the form of forcing the US to live within its means. No more will the US be able to pay for what it wants by simply having the US Mint make more of it.

 

 

 

[RichRaelianParticipant]

Hi! What we need is a cashless society as proposed by the prophet Rael of the Raelian movement channeled from our ET creators the Elohim!

[jakelafortParticipant]

Professing the prophetic prophecies the tumbless toppers sought council with coppers, coopers, swill and swoopers, gutter snipe, neerdowells…cuz utter bullshit is what sells. Pick a flavor. Oh, any one. They’re all so tasty. So much fun.

A sucker is born every day. It is on full display. Paragoric. High caloric. Stoicism is sophomoric. Hedonistic casuistry, phantasmagoric wizardry, draws em in like fleas to dogs and dogs to food or a leg to hump when in the mood. Paradism. Paradise. Look under the covers and watch the lice.

[UnseenParticipant]

@jake

“tumbless toppers”? I think you meant “topless tumblers.” Sexist!

[jakelafortParticipant]

Unseen, you must know this poem.

as this the face that launch’d a thousand ships,
And burnt the topless towers of Ilium?
Sweet Helen, make me immortal with a kiss.
Her lips suck forth my soul: see where it flies!

I just judo jima freestyle and literary earwurms come out.

[TheEncogitationerParticipant]

Unseen,

So BRICS currency is backed by a commodity that is made, not strictly from fossils, but from plankton, the stuff that makes whales grow to 100+ tons?

So BRICS currency is backed by a commodity which is most likely under every Square Inch of dirt and every Cubic Inch of ocean on this Planet if you drill deep enough?

So BRICS currency is backed by a commodity we could bring to bear if Biden didn’t stop the pipelines and if nervous nellies didn’t scare the shit of us from using it, not to mention the nuclear power that a dumb Jane Fonda movie scared the shit out of us from expanding and using more?

And wouldn’t our currency be more than “Good Faith And Credit” if it was once again backed by precious Metals such as Gold, Silver, and Platinum?

BRICS better hope “The Sleeping Giant” never takes a BC Powder with caffeine for his creaky bones or BRICS will be like a McArthur Park cake in the rain.

• This reply was modified 3 weeks, 6 days ago by  TheEncogitationer. Reason: Addendum
• This reply was modified 3 weeks, 6 days ago by  TheEncogitationer. Reason: Addendum

[TheEncogitationerParticipant]

RichRaelian,

And how much money and how many hours of work do Rael’s followers spend propagaing this Pie-In-The-Sky-In-The-Sweet-By-And-By message?
👽😁

[UnseenParticipant]

@ Enco

There may never be a BRICS currency. For now and maybe forever they agree to use their own non-dollar currencies. How will they decide relative values? BRICS has a bank, The New Development Bank.

Are you seriously proposing that we mine the oceans for fossil fuel? We are already destroying the oceans as it is, so I assume you are joking.

[TheEncogitationerParticipant]

Unseen,

Are you seriously proposing that we mine the oceans for fossil fuel? We are already destroying the oceans as it is, so I assume you are joking.

They are called offshore oil rigs and are already in use. And there are enzymes which eat oil spills that would be applicable to minimizing damage to the environment.

An offshore oil rig off the coast of Myrtle Beach, SC would be a welcome site compared to their annual Bike Weeks anytime.

• This reply was modified 3 weeks, 5 days ago by  TheEncogitationer. Reason: Spelling

[TheEncogitationerParticipant]

Unseen,

There may never be a BRICS currency. For now and maybe forever they agree to use their own non-dollar currencies. How will they decide relative values? BRICS has a bank, The New Development Bank.

So their currency is as much bullshit as Federal Reserve paper and bits and bytes? I see…

[UnseenParticipant]

TheEncogitationer wrote:

Unseen,

Are you seriously proposing that we mine the oceans for fossil fuel? We are already destroying the oceans as it is, so I assume you are joking.

They are called offshore oil rigs and are already in use. And there are enzymes which eat oil spills that would be applicable to minimizing damage to the environment. An offshore oil rig off the coast of Myrtle Beach, SC would be a welcome site compared to their annual Bike Weeks anytime.

Obviously, I was referring to relying MORE on such rigs. Sheesh.

[UnseenParticipant]

TheEncogitationer wrote:

Unseen,

There may never be a BRICS currency. For now and maybe forever they agree to use their own non-dollar currencies. How will they decide relative values? BRICS has a bank, The New Development Bank.

So their currency is as much bullshit as Federal Reserve paper and bits and bytes? I see…

No. Accepting each others currencies at a fair exchange rate isn’t bullshit. It’s trade. Other countries base the worth of their currencies on commodities they control. Ours is “full faith and credit” or IOW bullshit.

[TheEncogitationerParticipant]

Unseen,

And again, petroleum is a far more common commodity than anyone has judged. Pistachio nuts from Iran are common too, though the ice cream isn’t as in demand as Neapolitan or Rainbow Sherbet. Plantains from the African nations are so cheap they are priced by quantity rather than by weight. Russian-style Borscht is a clearance item even in the ethnic food section.

They better hope for their sake they know what they’re doing. Meanwhile, Gold-plated connectors, Gold junk electronic components, Silver eating ware, and coinage are optons for the rest of us.

[Author]

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