BRICS CHINA WANTS TO WEAKEN THE US DOLLAR WHITE HOUSE SAYS

In A Statement Issued Today

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

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

BRICS Currency Could End Dollar Dominance - Foreign

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

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There Was Some Evidence That

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

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

De-Dollarization: BRICS Currency Would Pose a Threat