Brics China Wants To Weaken The Us Dollar White House Says

Last updated: June 10, 2025, 04:31

Brics China Wants To Weaken The Us Dollar White House Says

For a BRICS currency to

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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

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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

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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White House economist Jared Bernstein

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