Brics China Wants To Weaken The Us Dollar White House Says

Last updated: June 10, 2025, 21:23

Brics China Wants To Weaken The Us Dollar White House Says

Why the US cannot afford to lose dollar dominance

De-Dollarization: BRICS Currency Would Pose a Threat

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Stephen Miran

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

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

BRICS Currency Could End Dollar Dominance - Foreign

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

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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For a BRICS currency to

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

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

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