A Nefarious Meeting

2012-03-29

This is Frank Gaffney with the Secure Freedom Minute. Today in New Delhi, leaders of the so-called BRICS nations – Brazil, Russia, India, China and South Africa – met to discuss, among other things, how they can supplant the U.S. dollar as the world’s reserve currency. This is an unfriendly act on the part of nations we are endlessly told are our international partners. The BRICS initiative comes as another nation that is unmistakably hostile, Iran, has announced that it will henceforth accep...

This is Frank Gaffney with the Secure Freedom Minute.

Today in New Delhi, leaders of the so-called BRICS nations – Brazil, Russia, India, China and South Africa – met to discuss, among other things, how they can supplant the U.S. dollar as the world’s reserve currency. This is an unfriendly act on the part of nations we are endlessly told are our international partners.

The BRICS initiative comes as another nation that is unmistakably hostile, Iran, has announced that it will henceforth accept currencies other than dollars for its oil.

It is unclear whether these countries or others will be able soon to end the dollar’s reign as the planet’s reserve currency. Such a step would have far-reaching economic – and possibly national security – implications for America, however. Given the stakes, the mere fact that they are trying to do it requires our urgent attention.

This is Frank Gaffney with the Secure Freedom Minute. Learn more at SecureFreedomRadio.com.

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