en.m.wikipedia.org
It's only going to keep growing. You build institutions by giving people the opportunity to buy goods. Purchasing power is tied to the ability of a country's economy to grow. If you sanction them, they'll look elsewhere. China is playing the long game while America shoots itself in the foot.
People don't understand the luck that happened to get Americas economy to where it's at today post slavery. If the bankers weren't war hunger in the 20th century sparking WWI and WWII Brenton Woods agreement never happens and the dollar doesn't became the defacto reserve currency allowing the US unlimited power throughout the global as they were the only lender country for decades after WW2 so they made all the rules and followed none of them. This type of system was ripe for abuse which made it unsustainable. Once Wall Street got its claws into the White House and could write whatever legislation they pleased it was game over and the dollar was officially on the clock.
People don't realize how big a fukk up Bidens actions on Ukraine speed warped everything that's happening now with BRICS.
When transactions are conducted outside the dollar the true value of goods is established. US farmers can't see these transactions and other nations searching for goods see the US prices and start inquiring about other nations who have the same goods and find out the US been ripping them off. The price of goods shouldn't be determined by the dollar but by the country that produces the goods and it should be done in their own currency. This is also how African countries are getting robbed but with a reverse price value of their resources. Price of Uranium, Platinum,Coco, Rubber, Gold, Cobalt are set in dollars by Western nations that don't even have these resources and they are priced well below market value. But then they are extracted from these nations refined and sold back to the same nations for 5 to 10 times the price as a finished product.
