Brics is a grouping of the world economies of Brazil, Russia, India, China, and South Africa. It comprises about 27% of the world's mass and 42% of the global population. This organization meets annually at formal summits and coordinates multilateral policies in the face of intensifying geopolitical and economic competition with the West. Brics has… Continue reading Brics
Tag: Currency
The Coming Inflation
With the trillions in spending recently passed by Congress and another 3.5 trillion proposed by the Democrats the country is bracing for a reemergence of inflation. Being almost 30 trillion in debt at this point and running a large annual budget deficit the United States can only print money to pay the increasing debt and… Continue reading The Coming Inflation
