BRICS: The US Dollar's Purchasing Power Could Drop to Zero From 3%

Every year, the US dollar's purchase power decreases, causing inflation domestically. The US dollar's purchasing power is declining at a rapid rate, according to Lynette Zang, CEO of Zang Enterprises. This occurs when the BRICS coalition seeks to solidify the US dollar's position as the global reserve currency.



The US dollar will only have 3 percent of its original purchasing value in 2024, according to data released this year by the Federal Reserve. Zang stated, "This is what the official government data will tell us." This offers the BRICS greater leverage to challenge the US dollar as Its buying power is decreasing.



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BRICS: US Dollar Purchasing Power Might Fall to Zero, From the Current 3% us dollar usd currency bills brics
The website beincrypto.com
Zang clarified that the present 3% purchasing power of the US dollar could vanish to zero. She projected that it might drop to zero in 2025, the following year. Local currencies could overtake the US dollar in commerce as BRICS countries take advantage of this growth.


"I firmly think—with everything in my knowledge and heart—that the shift to hyperinflation has already started," Zang stated to Kitco News. "Because they have not, there will be increased , money printing, and inflation slain ,that beast that they had produced and were still creating," the woman declared. To find out which US industries may be impacted if the BRICS countries stop using the dollar for trade, click this link.


In addition to the BRICS de-dollarization goal, the US dollar will face competition from the emerging CBDC currencies. 134 nations are now testing their respective digital currencies in a pilot program. According to the Atlantic Council, 66 of the 134 countries have now reached the advanced stage of testing. By 2027, CBDC currencies might exist and pose a threat to the US dollar's future.
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