Why Should BRICS Keep Paying Tribute to the U.S. Dollar? The Global Revolt Against Financial Extraction Has Begun

The Hidden Tax in Every Transaction: How the U.S. Profits from Dollar Dependency “For every time you do a transaction in the dollar, there is a hidden cost that goes back to the US,” said Sanusha Naidu, a South African analyst with the Institute for Global Dialogue. This hidden tax of dollar dependency ensures that even routine global trade quietly funnels wealth and power back to Washington. This is no conspiracy—it’s the unspoken tax of dollar clearing. Here’s how it works: A BRICS nation exports goods to another BRICS country. Both parties must convert their local currencies into U.S. dollars to settle the trade. Then they convert back into their national currencies. This double-conversion extracts wealth—not through trade, but through…