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* **Road tax (motorrijtuigenbelasting):** This is a recurring tax based on your car's weight, fuel type, and emissions. Use an online calculator to estimate the cost.
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So, why are the BRICS even thinking about this? Well, the main reason boils down to a desire to reshape **global finance** and reduce reliance on the US dollar. For years, the dollar has been the world's reserve currency, meaning it's the currency most countries use for international trade, holding reserves, and setting prices. The BRICS see this as a bit of a problem. They believe that the dollar's dominance gives the US a lot of power over the global economy and that the current system isn’t always fair to everyone. Plus, the BRICS countries have been looking for ways to boost **economic cooperation** among themselves and reduce their vulnerability to external economic shocks. A gold-backed currency could offer several potential benefits. First, it could help stabilize **currency valuation** by tying it to a tangible asset. Gold has historically been seen as a safe haven during times of economic uncertainty. Second, it could facilitate **international trade** among BRICS nations, bypassing the need to use the dollar for every single transaction. This could also reduce the impact of US sanctions on any of the BRICS countries, if they were to face such sanctions in the future. Third, it could promote greater **financial stability** within the BRICS economies by diversifying their reserves and reducing their exposure to the dollar. It’s a pretty ambitious goal, but the potential rewards are significant. The idea has been gaining traction because many BRICS members, especially Russia and China, have been accumulating gold reserves for years. This strategic move is one of many that these nations are using as a part of the greater plan to establish themselves as powerhouses that the world must reckon with. All of this is happening as a part of the greater process of **de-dollarization** that is picking up steam around the world.
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