Economy / FinanceAsiaPoliticsRussia

BRICS Expansion Brings End to Era of Dollar Dominance, U.S. Hegemony


The expansion of BRICS, which many countries are willing to join, brings the end of the dollar’s dominance as the world’s main currency, consequently, the era of U.S. hegemony, the Korean Central News Agency said in an article. The agency pointed out that since the establishment of the Bretton Woods system, the U.S. has “committed worldwide plunder in the way of gaining benefits from mintage based on the predominant position of dollar and has used dollar as a means for realizing its political purpose.” – “It is well known that the international monetary system based on dollar has become the…

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