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BTCC / BTCC Square / Global Cryptocurrency /
China Could Crash the US Dollar, Says Analyst Peter Schiff

China Could Crash the US Dollar, Says Analyst Peter Schiff

Author:
Global Cryptocurrency
Published:
2025-04-14 13:41:56
13
3
Leading financial analyst Peter Schiff explained how China could crash the US dollar by dumping its US Treasuries and replacing its central bank reserves with gold. China recently dumped $23 billion worth of US Treasuries and now holds only $760 billion, down from $1,350 billion in 2012. Schiff believes this move will reduce the power of the USD.

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