Money
Xi Jinping Announces Plan to Replace US Dollar as Global Reserve Currency
Tucker Carlson Show
Iran Update: Israel’s Newest Bombing Campaign, the Oncoming War With China and How to Avoid It
What was said
"This latest edict by Xi Jinping says, we are essentially triumphant in every element of global power but one. Now we're going to take on that one. And that one is financial control. And that means the renminbi being substituted for the dollar in everything from oil sales to you name it. It will become the transactional and reserve currency."
According to Wilkerson, China has officially announced plans to challenge dollar dominance in global finance, targeting 60-70% of world transactions. This would eliminate the US ability to impose sanctions and fundamentally alter American economic power, which Wilkerson notes has been used to sanction 30% of the world's countries.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- Tucker Carlson Show
- Episode
- Iran Update: Israel’s Newest Bombing Campaign, the Oncoming War With China and How to Avoid It
- Clip time
- 7:00
- Original source
- Watch the source segment →
From this episode
Tucker Carlson Show