Trade is not a small piece of the puzzle.
Trade is everything!
Money and the entire financial system only exist to facilitate trade.
Ultimately Bitcoin is the best currency for global trade (not for buying Pizza) but the USD has to be dethroned as global reserve currency first.
What is happening with BRICS is part of this.
It is far more economically efficient to trade in a common global currency. That is why the USD was adopted as global reserve currency in the first place.
But geopolitics trumps economics.
The USD and EURO are now being rejected for geopolitical reasons.
Equally, geopolitics can be resolved by trade and diplomacy or by military means.
But without a credible military diplomacy and trade become less effective because why buy what you can take.
The US, once the "arsenel of democracy", whose key military strength was unlimited ammunition, now stands helpless before massive Russian overmatch in the production of basic military items like artillery shells and tanks.
The US had de-industrialised itself by outsourcing and destroyed its key strategic military advantage.
Thanks for the feedback. This will make an excellent approach. You view is completely false and no in keeping with monetary history.
I will reply piece by piece in an article.