dollars Archives - Page 7 of 7 - Citizen Watch Report

Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar’s share of global reserves, but greenback remains dominant (“Gradual decline” is a whopper right up there with “inflation is transitory”)

June 14, 2023 8:20 am

via businessinsider: The US should expect the dollar’s share of global reserves to slowly decline, but no alternatives exist that could completely displace the greenback, Treasury Secretary Janet Yellen said on Tuesday. Her comments came during a Housing Financial Services Committee in response questions about the risk of de-dollarization. Asked by Rep. Warren Davidson, R-Ohio, …

BRICS members discuss possible expansion and creation of common currency to challenge US dollar’s supremacy

June 10, 2023 8:46 pm

via naturalnews: The members of the BRICS bloc of major emerging economies have recently met to decide on adding new members and creating a common currency to challenge the United States dollar. The five nations that make up BRICS – Brazil, Russia, India, China and South Africa – represent more than 40 percent of the global population, …

Thanks to the Fed & Brandon regime, the loss of the dollar’s world reserve currency status is a matter of when, not if.

June 6, 2023 9:12 am

We have now seen 50+ events challenging the US Dollar in 2023 alone. This is by far the biggest push against the US Dollar in decades. Weaponization of the US Dollar is a dangerous long term strategy. The biggest threat to the US Dollar is (ironically) the Dollar itself. — Adam Kobeissi (@TKL_Adam) June 5, …