[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Zero Cool 😎 [@JayWisdom12](/creator/twitter/JayWisdom12) on x XXX followers Created: 2025-07-25 06:10:05 UTC Sure — here’s a summary of “Seeds of Wisdom RV and Economic Updates — Thursday Afternoon, July 24, 2025” from Dinar Recaps: ⸻ 📰 Highlights from the July 24, 2025 edition X. India Confirms BRICS De‑Dollarization Steps, With Caution •Indian officials have confirmed that BRICS nations are in talks regarding the use of local currencies for trade and efforts to build interoperable cross‑border payment systems — although de-dollarization is not officially on the agenda . •Ministry spokesperson Randhir Jaiswal emphasized India is not supporting a rapid shift away from the USD or backing a BRICS-wide currency . •Internal concerns remain that a full BRICS currency could accentuate China’s dominance, especially given China’s influence in the bloc and its growing settlement use of the yuan . X. Trump Administration Ramps Up Pressure •The Trump administration is reportedly threatening XX% tariffs on any nation participating in what it considers “anti‑American policies,” including attempts at de-dollarization . •These warnings reflect escalating tensions following new proposals like Russia’s BRICS investment platform . X. India’s Delicate Balance •India is treading carefully — experimenting with more rupee-based trade (especially with Russia), yet remaining wary due to the rupee’s volatility (from ₹73 to ₹85 per USD over five years) and potential destabilizing effects on its economy . •Faced with conflicting dependencies, India appears to favor incremental diversification, not a wholesale monetary revolution . X. Snapshot: Global Currency Share •Non-dollar currencies (such as the yuan, ruble, rupee, etc.) now account for over XX currencies used in bilateral trade — though the US dollar still holds around XX% of global transaction volume . ⸻ 🔍 Context & Takeaways •This update follows earlier (July XX morning) commentary on the U.S. Treasury demanding internal review of the Federal Reserve amid political pressure on Chair Jerome Powell for overreach in mandate and budget growth . •And on July 23, global economic shifts—including Fourth Turning theory framing systemic crisis and crypto regulations like the CLARITY Act—were highlighted as building blocks to today’s landscape . ⸻ ✅ In Summary: By July 24, 2025, BRICS talks on reducing reliance on the U.S. dollar are in motion, yet India has clearly distanced itself from a fast-track exit from dollar dominance. Meanwhile, the Trump administration is signaling economic retaliation, including proposed tariffs, as monetary geopolitics intensify. If you’d like a deeper dive into any of the emerging themes—such as the implications for gold or crypto, or an economic timeline—just let me know! Peter-Piper - Run-D.M.C. Drum Cover via @YouTubeMusic XX engagements  **Related Topics** [currencies](/topic/currencies) [developing economies](/topic/developing-economies) [india](/topic/india) [Post Link](https://x.com/JayWisdom12/status/1948626789623865429)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Zero Cool 😎 @JayWisdom12 on x XXX followers
Created: 2025-07-25 06:10:05 UTC
Sure — here’s a summary of “Seeds of Wisdom RV and Economic Updates — Thursday Afternoon, July 24, 2025” from Dinar Recaps:
⸻
📰 Highlights from the July 24, 2025 edition
X. India Confirms BRICS De‑Dollarization Steps, With Caution •Indian officials have confirmed that BRICS nations are in talks regarding the use of local currencies for trade and efforts to build interoperable cross‑border payment systems — although de-dollarization is not officially on the agenda . •Ministry spokesperson Randhir Jaiswal emphasized India is not supporting a rapid shift away from the USD or backing a BRICS-wide currency . •Internal concerns remain that a full BRICS currency could accentuate China’s dominance, especially given China’s influence in the bloc and its growing settlement use of the yuan .
X. Trump Administration Ramps Up Pressure •The Trump administration is reportedly threatening XX% tariffs on any nation participating in what it considers “anti‑American policies,” including attempts at de-dollarization . •These warnings reflect escalating tensions following new proposals like Russia’s BRICS investment platform .
X. India’s Delicate Balance •India is treading carefully — experimenting with more rupee-based trade (especially with Russia), yet remaining wary due to the rupee’s volatility (from ₹73 to ₹85 per USD over five years) and potential destabilizing effects on its economy . •Faced with conflicting dependencies, India appears to favor incremental diversification, not a wholesale monetary revolution .
X. Snapshot: Global Currency Share •Non-dollar currencies (such as the yuan, ruble, rupee, etc.) now account for over XX currencies used in bilateral trade — though the US dollar still holds around XX% of global transaction volume .
⸻
🔍 Context & Takeaways •This update follows earlier (July XX morning) commentary on the U.S. Treasury demanding internal review of the Federal Reserve amid political pressure on Chair Jerome Powell for overreach in mandate and budget growth . •And on July 23, global economic shifts—including Fourth Turning theory framing systemic crisis and crypto regulations like the CLARITY Act—were highlighted as building blocks to today’s landscape .
⸻
✅ In Summary:
By July 24, 2025, BRICS talks on reducing reliance on the U.S. dollar are in motion, yet India has clearly distanced itself from a fast-track exit from dollar dominance. Meanwhile, the Trump administration is signaling economic retaliation, including proposed tariffs, as monetary geopolitics intensify.
If you’d like a deeper dive into any of the emerging themes—such as the implications for gold or crypto, or an economic timeline—just let me know!
Peter-Piper - Run-D.M.C. Drum Cover via @YouTubeMusic
XX engagements
Related Topics currencies developing economies india