Remember, when he uses the "nobody knew this" that actually means he didn't know it. And he says it a lot.

Relearned, maybe?

He was also really big on putting tariffs on everything out of China in the 2016 election cycle.

Crypto Bros like him because they don't want to have to pay taxes or to stop scamming people

No "like", he is. Russia and China want to devalue the dollar and replace it as the world currency.

Obviously Russia is unlikely to achieve that, but I'm sure China encourages the use of RMB in their global operations, like in their belt and road projects.

The fiat currency cannot be discussed in public. It's mystery maintains it's real value.

Depression bigly

Epic, grand, massive, fucked ?

Fantastic Depression :tm:

How about we keep "Great" and change Depression to Devastation?

They falsely assume everyone else loves and covets it as much as they do.

For those with enough wealth, it's a win-win. Either the dollar stays strong and you continue to trade assets/stocks/bonds accordingly, or it craters and you invest in cost-competitive labor on par with India and China.

In the latter case, while foreign goods are priced out of reach, a booming manufacturing sector will come in and "save the day" in states with poor worker protections/rights. The real magic trick is making sure you (the 1%) are in the room when the decisions are made to hold or fold before the general public knows anything about it.

I think in his head, 100% tariffs mean that other countries give the USA goods for free, or something like that.

No he's thrown 2000% tariffs around at least once in the last few months. Fortunately for all involved he seems to have stopped doing that and switched to something a tiny bit less stupid.

Por que no los dos?

I feel like this doesn't solve much of the things you think it would.

Also, capitalists will never agree to this. They like having their own currencies cause they can manipulate them.

Who would issue it? What would it be backed by? Gold is globally valued due to its material value, but good luck getting your local coffee place to take it.

Just using the Euro would be a great improvement since it's not based on a single country's economy.

Sounds like you want the gold standard back.

Considering R in BRICS stands for russia, no, they certainly shouldn't.

They absolutely are - the non-American aligned countries are afraid sanctions would prevent their ability to trade at all and want a better medium for exchanging goods. Everyone has seen the damage sanctions caused to Russia and are afraid of what might happen to themselves.