Overview:<\/p>\n\n\n\n
For eight decades, the US dollar has functioned as the world’s reserve currency \u2014 the default medium for oil contracts, sovereign debt, and international trade settlement. That dominance was never simply economic. It was enforced by alliance networks, military presence, and the absence of a credible alternative. BRICS, the expanding bloc of Brazil, Russia, India, China, and South Africa, now represents the most serious collective challenge to dollar primacy since Bretton Woods. This book examines the BRICS challenge not as an imminent dollar collapse, but as a structural shift decades in the making. It traces how US sanctions policy \u2014 particularly against Russia after 2022 \u2014 accelerated the search for dollar alternatives among nations that feared their own reserves could be frozen.<\/p>\n","protected":false},"excerpt":{"rendered":"
Overview: For eight decades, the US dollar has functioned as the world’s reserve currency \u2014 the default medium for oil contracts, sovereign debt, and international trade settlement. That dominance was never simply economic. It was enforced by alliance networks, military presence, and the absence of a credible alternative. BRICS, the expanding bloc of Brazil, Russia, […]<\/p>\n","protected":false},"author":1,"featured_media":43191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-43190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selected-books"],"acf":[],"yoast_head":"\n