Nonetheless, some serious people would like there to be some competition with the dollar, like this former Goldman Sachs chief economist, Jim O’Neill. I can’t imagine that the world would trust the “bad neighborhoods” BRICS countries with its Monopoly Money, much less any store of value or medium of exchange, but those authoritarian countries are experimenting with going their own way, according to this article:
https://www.kitco.com/news/2023-03-...ce-as-China-leads-de-dollarization-trend.html
“Former Goldman Sachs chief economist Jim O'Neill is calling on the BRICS bloc to expand and challenge the dominance of the U.S. dollar. China's recent actions with the yuan are already doing just that.”