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Carney on 'Kudlow': China Is Challenging the Dollar as U.S. Decouples from China

China is challenging the dollar as the world’s reserve currency as the United States seeks to decouple its economy from China, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow. ....

North Korea , United States , Saudi Arabia , United Kingdom , Larry Kudlow , Joe Biden , John Carney , International Settlements , Breitbart Economics Editor John Carney , Fox Business , Communist Party , President Joe Biden , Us Dollar ,

FOXNEWS FOX and Friends June 4, 2024 11:42:00

Happen? he is dreaming. is he saying it to be nice to his chinese host. not because he thinks it will happen. 90% of the world s obligations or transactions i should say 90 percent in the dollar. maybe 4% in the euro. less than 1% are in the yuan. decades before the currency takes the place of the u.s. dollar. brian: i hope you are right. but china loved it? yes. brian: they increased their pressure on taiwan and military sites because of it. they said this. this signals a dead end for the u.s. strategy of luring europe to contain china. that according to beijing s global times. so he comes back to america with his nice tailored suit and he looks like sea hero to the french people who despise him because they, as a country, are lazy. and don t even want to work until 65. and they have street protests. stuart: you got anything else to say about the french, brian? ....

U S , Brian Claypool , Global Times , I Don T Trust The Biden , Sea Hero , Street Protests ,