A Study of ancient and modern history clearly reveals that money and trade were huge factors in the relationship between nations and empires. Even during the days of Christ, money was an extremely important medium of exchange and store of value. Prompting some religious leaders to try and entrap The Master by questioning Him on taxes:
“Then the Pharisees went and plotted how they might entangle Him in His talk. And they sent to Him their disciples with the Herodians, saying, “Teacher, we know that You are true, and teach the way of God in truth; nor do You care about anyone, for You do not regard the person of men. Tell us, therefore, what do You think? Is it lawful to pay taxes to Caesar, or not?” But Jesus perceived their wickedness, and said, “Why do you test Me, you hypocrites? Show Me the tax money.” So they brought Him a denarius. And He said to them, “Whose image and inscription is this?” They said to Him, “Caesar’s.” And He said to them, “Render therefore to Caesar the things that are Caesar’s, and to God the things that are God’s.” When they had heard these words, they marveled, and left Him and went their way. Matthew 22:15-22 (NKJV)
All the empires of antiquity had their own well-established monetary system. As nationalistic as the Jews were with their own religious and cultural norms, they were nevertheless subjected to The Roman gold and silver coinage used throughout the far-flung Roman Empire. Today, the nations that comprise the BRICS movement are trying to develop a system under which each nation can conduct international trade in its own national currency. What a pipe dream? The only financial arrangement that will ever work is exactly what has worked in the past.
That which has been is what will be, That which is done is what will be done, And there is nothing new under the sun. Is there anything of which it may be said, “See, this is new”? It has already been in ancient times before us. There is no remembrance of former things, Nor will there be any remembrance of things that are to come By those who will come after. Ecclesiastes 1:9 (NKJV)
There is no historical record of any nation being able to foist its national currency upon other nations. What was widely practiced in the former ages was the adoption and utilization of the most powerful currency, usually the currency of the existing empire, which had a widespread political system, a powerful culture, and a military.
It’s not all smooth sailing for the BRICS consortium. Opinions among the existing members are quite deep-rooted and divided. Whether they can form an alliance with coherent and stable views is yet to be seen.
BRICS member India has confirmed it will not target the US dollar amid the de-dollarization agenda that has swept the global financial landscape. India made it clear that it has no plans to end its reliance on the US dollar and will use the currency for trade and transactions, where it remains a necessary form of payment, the Telegraph reports. The development is a complete U-turn from the BRICS initiative where the alliance is pushing de-dollarization narratives around the world. TELEGRAFI: Brics Member India Rejects De-Dollarization-Embraces The US Dollar.
Argentina’s President Javier Milei has sent letters to BRICS leaders to formalize his decision to withdraw his country from its planned entry into the alliance of major emerging economies, it was announced on Friday. Milei said the moment was not “opportune” for Argentina to join as a full member. DW: Argentina Formally Rejects Brics Membership.
Amid the ongoing BRICS Summit in Russia this week, Saudi Arabia has declined membership in the alliance. The bloc announced its new partner countries on Wednesday, revealing that the Kingdom was not on the list. Last summer, Saudi Arabia was invited to join the bloc at the 2023 BRICS summit. The ongoing saga has seen different responses from both sides throughout the year. Saudi Arabia has continuously said that it carefully observes the risks and benefits of joining the bloc. Now, the Middle Eastern country joins Argentina as the only country to decline those summer invitations from the BRICS alliance. CRYPTORANK: Saudi Arabia Officially Declines BRICS Membership.
To the Kremlin’s chagrin, however, things did not go according to plan in Kazan. No BRICS currency was launched, and the official captions to Putin’s pictures do not even mention the banknote. The Kremlin also failed in its efforts to push for the adoption of BRICS Bridge, a financial mechanism that would help the group’s economies bypass Western channels. Interest from other BRICS members was so lukewarm that the scheme did not even make it into the final summit communiqué. Russia is unlikely to stop pressing, however: Developing non-Western financial mechanisms is an almost existential imperative for Moscow—and it highlights how finance has become a new arena for great-power competition. FP: Russia’s Plans To Replace The Dollar Are Going Nowhere.
The BRICS movement has other obstacles with which to contend. Namely the supernatural phenomenon of prophecy. Daniel asserts that the world as we know it will end when God establishes a kingdom that will last forever. But when will this cosmic and earth-shaking event occur?
“And in the days of these kings the God of heaven will set up a kingdom which shall never be destroyed; and the kingdom shall not be left to other people; it shall break in pieces and consume all these kingdoms, and it shall stand forever. Inasmuch as you saw that the stone was cut out of the mountain without hands, and that it broke in pieces the iron, the bronze, the clay, the silver, and the gold—the great God has made known to the king what will come to pass after this. The dream is certain, and its interpretation is sure.” Daniel 2:44-45 (NKJV).
Several European countries are descendants of the original Roman Empire: Portugal, Spain, France, Italy, the United Kingdom, Germany, Bulgaria, Serbia, Austria, and Romania. Not all of these countries are wealthy and powerful. As the prophet clearly stated, some would be as strong as iron and others as weak as clay. However, their culture, money, trading patterns, educational systems, economies, and political systems would continue to rule the civilized world until the return of Christ. By extension, America, an outgrowth of Europe, also has an extremely important role. As the prophet John observes:
“Then I saw another beast coming up out of the earth, and he had two horns like a lamb and spoke like a dragon. And he exercises all the authority of the first beast in his presence, and causes the earth and those who dwell in it to worship the first beast, whose deadly wound was healed… He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.” Revelation 13:11-13; 16-17. (NKJV).
This apocalyptic assertion refers to The American Economic Empire. This prophecy implies that not only the EURO (because the first beast, The Papacy, is a European power) but also the American Dollar will remain the primary unit of exchange until the end of time. So much for talking about a BRICS currency
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