SETTING UP AN

Last updated: June 17, 2025, 11:38  |  Written by: Gavin Wood

Setting Up An
Setting Up An

Stephen Miran

Why a BRICS Currency Won’t Replace the Dollar Anytime Soon

White House economist Jared Bernstein disclosed in Congress that there is some evidence that “China wants the U.S. dollar to lose its position” as the world’s reserve

Stephen Miran, who leads the White House Council of Economic Advisers, says the global demand for dollars has created “undue burdens on our firms and workers

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There Was Some Evidence That

BRICS: China Wants to Weaken the US Dollar, White House Says

Why the US cannot afford to lose dollar dominance

There was some evidence that China wants the dollar to weaken as the international reserve currency, said a White House nominee for a top economist position on

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In A Statement Issued Today

In a statement issued today, White House economist, Jared Bernstein says there is “some evidence” that China wants to weaken the US dollar. Moreover, Bernstein

De-Dollarization: BRICS Currency Would Pose a Threat

For a BRICS currency to work, China would need to provide massive amounts of yuan as a global “liquidity spigot,” similar to how the U.S. provides and supports

Gavin Wood can be reached at [email protected].

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