US dollar ‘cannot be trusted,’ former IMF executive tells RT ...News

BRICS needs alternative to the American currency, according to Brazilian economist Paulo Batista The international monetary system based on the US dollar is becoming increasingly “dysfunctional,” prompting BRICS countries to consider creating their own currency, Brazil’s former representative at the International Monetary Fund (IMF), Paulo Nogueira Batista Jr., has told RT.      According to Batista, even though the greenback will remain an important global legal tender, the currency can no longer be trusted.     Speaking ahead of the 15th BRICS summit in Johannesburg, the Brazilian economist said that US-led fina

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