00:00We have this little group called BRICS, it's fading out fast.
00:03Anybody that's in the BRICS Consortium of Nations, we're going to tariff you 10%.
00:08This group from BRICS, six countries basically, I hit them very, very hard.
00:14BRICS is, they wanted to try and take over the dollar, the dominance of the dollar,
00:19dominance of the dollar and the standard of the dollar.
00:23With real U.S. dollars, treasury bills and other cash equivalents,
00:27it's really strengthening the dollar and giving the dollar great prominence.
00:33And, you know, you have this little group called BRICS, it's fading out fast.
00:37But BRICS is, they wanted to try and take over the dollar, the dominance of the dollar
00:41and the standard of the dollar.
00:44And I said, anybody that's in the BRICS Consortium of Nations, we're going to tariff you 10%.
00:49And they had a meeting the following day and almost nobody showed up.
00:53They said, leave me alone.
00:55We didn't want to, they didn't want to be tariffed in there.
00:58That's amazing.
01:00No, we're not going to let the dollar slide.
01:01If we have a smart president, you're never going to let the dollar slide.
01:04If you have a dummy, that could happen.
01:06Like the last one, he would, if you ever asked him about the dollar slider, he would have no idea.
01:12But we can't let that ever happen again.
01:14Consumers, vendors, and people all over the world will then be able to use those stable coins for ultra low cost transactions that are cleared and settled in a matter of seconds rather than weeks and months.
01:26And it's really an amazing thing.
01:30And with the privacy, flexibility, and decentralization of cash, this revolution has the potential to supercharge American economic growth and empower billions of people to save and transfer in U.S. dollars.
01:44It's really all backed by the dollars.
01:46It's really a great thing.
01:48And a lot of, you know, we had a lot of Democrat support.
01:50I have to tell you that.
01:51I was shocked.
01:53Anytime you get one, but we had a tremendous amount of Democrat support, which we appreciate.
02:00And which just shows you that you're doing the right thing.
02:04And this will increase demand for U.S. treasuries, lower interest rates, and secure the dollar's status as the world's reserve currency for generations to come.
02:13The reserve currency is so important.
02:15You know, if we lost that, that would be like losing a world war.
02:18We can never let anyone play games with us.
02:21And that's why when I heard about this group from BRICS, six countries, basically, I hit them very, very hard.
02:29And if they ever form, if they ever really form in a meaningful way, it will end very quickly.
02:37I will tell you for them, they won't, they won't be gone very long.
02:41I don't think they'll even do it.
02:42They're, they're virtually afraid to meet.
02:45I also remain fully committed to my pledge never to allow the creation of a central bank digital currency in America.
02:54It won't happen.
02:55My first.
03:02And the other night, I will say, with some of the congressmen and women, they wanted that so badly.
03:09That was so important to them.
03:11You know, I was impressed that they knew what the hell it was, to be honest with you.
03:14And I said, please, sir, please, the central bank digital currency, well, you have to make sure, sir.
03:19And I'm saying, what do you know about that?
03:21It's amazing the knowledge that people have gained all of a sudden.
03:24We had a lot of problems with some of them.
03:26I said, we've already got it from the Fed, right, from commerce and from an executive order.
03:33You don't need it a fourth time.
03:34Sir, we have to get it.
03:36It's amazing.
03:38But they knew their subject, though, didn't they have?
03:43And we helped them out.
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