“A ‘BRICS system’ would offer a healthy alternative to the highly indebted and defunct dollar system, where money is printed at will,” Koenig said in an interview with Asam Ismi of the Canadian Centre for Policy Alternatives. A 'BRICS system' should be based on a new currency, which Koenig called 'Bricso.' READ MORE: BRICS establish $100bn bank and currency pool to cut out Western dominance “…it is high time that the currency of worldwide theft, abuse and exploitation – the US dollar – financial instrument for endless wars and economic terrorism, be replaced with a currency of peaceful endeavors...
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