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The dollar survived the Great Depression, Bretton Woods, the oil supply shocks, the abolition of the gold standard, political games of brinkmanship over the deb
by Victerius 4y ago
The dollar survived the Great Depression, Bretton Woods, the oil supply shocks, the abolition of the gold standard, political games of brinkmanship over the debt ceiling, the War on Terror, the Great Financial Crisis, the Volcker shock, and Covid.
The dollar's supremacy isn't going anywhere.
- uptownfunk 4y agoAgree if anything this will help the dollar supremacy and hurt the rest of the world.
- curiousllama 4y agoWasn't it Bretton Woods that _established_ USD dominance?