You can't replace the dollar, but here are 5 alternative assets that are chipping away at the greenback's supremacy
5. The emerging BRICS nations are eyeing a common currency.
"Why can't we do trade based on our own currencies?" Brazil President Luiz Inácio Lula da Silva said during an April state visit to China, per"Who was it that decided that the dollar was the currency after the disappearance of the gold standard?" he added. which is an international reserve asset based on a basket of five currencies: the US dollar, the euro, the Chinese yuan, the Japanese yen, and the British pound sterling, per the IMF.
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