> Relative to what? The Bretton-Woods system. Prior to 1944 there was no common international market. The only for countries to acquire important commodities

> Relative to what? The Bretton-Woods system. Prior to 1944 there was no common international market. The only for countries to acquire important commodities was imperialism. All of the participants of WWII determined that one common international market, based on the dollar, enforced by our military, and negotiated by a series of international agencies would benefit all members and support a de-militarization globally as well as a break up of the colony system. While the US benefited from this, we were never as dependent on it as the rest of the world. For us, it was a bribe to get other countries to help us build a wall against Russia. I wouldn't be so excited about having America cede its superpower status though. We're looking at a future full of war and conflict for anyone not in America. There will be limited desire to trade in Euros or Rubles or Yuan - so countries around the world are going to increasingly build up their militaries and resort to securing commodities by force.