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On the flip side, a lot of countries that the United States trades with peg their currencies to the US dollar. See the last section (Why Countries Peg Their Cur
by tareqak 7y ago
On the flip side, a lot of countries that the United States trades with peg their currencies to the US dollar. See the last section (Why Countries Peg Their Currency to the Dollar) of https://www.thebalance.com/what-is-a-peg-to-the-dollar-3305925 https://www.thebalance.com/what-is-a-peg-to-the-dollar-33059... and https://www.thebalance.com/what-is-a-petrodollar-3306358 https://www.thebalance.com/what-is-a-petrodollar-3306358 for details.