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[quote]if the dollar wasn't the world reserve currency there would be less need and funds for maintaining such a bloated amount of power[/quote] Citation neede

[quote]if the dollar wasn't the world reserve currency there would be less need and funds for maintaining such a bloated amount of power[/quote] Citation needed. You really think that other countries, and businesses and individuals in these countries store their savings and denominate their contracts in US dollars at gunpoint? Ridiculous.

cwkoss 5y ago
You are being superlative, but I absolutely believe that the reason we have a bigger military than the next ~10 countries combined is that we want to be the dominant superpower. And part of the desire for that dominance is maintaining the USD as the world reserve currency. Whenever a country tries to move commodity trades away from the dollar (iraq oil, iran oil, libya gold, venezuela oil) coincidentally pretexts for military operations against them start being manufactured.