PoliticsEconomy / Finance

‘War in Ukraine May Speed Up China’s Plan to Insulate Against U.S. Dollar’, Says Fed Chair

0

China could very well accelerate its plans to come up with alternatives to the world’s dollar-dominated international payments system, after seeing Russia becoming isolated economically, according to Federal Reserve Chairman Jerome Powell.

Powell made the assessment on March 3 during a Senate Banking Committee hearing, when he was questioned by Sen. Jack Reed (D-R.I.), who is the chairman of the Senate Armed Services Committee.

This content is for Classified Membership, LifeTime Patriot Membership, and Q17 Membership members only.
Login Join Now
QNavy
QNavy is a pool a 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Being Over Dependent on Love

Previous article

A Week in Ukraine, Significant Events and Facts

Next article

You may also like

Comments

Comments are closed.

More in Politics