The Selecao coach claimed his side didn't play badly in the 3-0 defeat to the Netherlands on Saturday and revealed he could continue in the job after the World Cup.
Brazil was brutally beaten by Germany in a 7-1 reverse in their World Cup semifinal in Belo Horizonte on Tuesday and was unable to restore any pride as it went down 3-0 to Netherlands in the third-place playoff in Brasilia on Saturday.
Before this competition, Brazil had not lost a home game since 2002 and was unbeaten in tournament football in its own nation since 1975, but back-to-back defeats in the space of five days - and 10 goals conceded - have left fans frustrated and journalists pressed the 65-year-old on his future.
But Scolari was stubborn as he faced the press after defeat to the Dutch and insisted the Brazilian Football Confederation will decide his future.
"It was an evenly balanced game," he said. "The players should be praised for the way they played. We didn't play badly - that's my opinion.
"Now is not the time to talk about that," Scolari said. "I'll put together my report and tell the [CBF] president what I think went wrong and he will decide what he wants for the future. We have lost another match, but life goes on.
"A year ago, I won the Confederations Cup," he added. "It's nothing to do with the coaches. The thing is that we have a very young team. We are not producing enough players, so it's not as simple as another coach coming in to recycle things."