In a statement issued today

De-Dollarization: BRICS Currency Would Pose a Threat

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

For a BRICS currency to

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

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

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

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