Connect with us

Hi, what are you looking for?

ContributionAmericans.comContributionAmericans.com

Politics

How the Dollar Became the World’s Top Global Currency

The dollar became the dominant global currency not so much because of its own merits, but because of the self-destruction of the pound sterling caused by the British state and central bank.

Original Article: “How the Dollar Became the World’s Top Global Currency”

 

You May Also Like

Editor's Pick

(This is the second installment of a three-part essay. The first part is here.) Big Engines that Couldn’t Although Hoover’s Reconstruction Finance Corporation (RFC)...

Editor's Pick

(In writing this series, I allowed myself to skip over some topics. But now that I’m turning the series into a book, to be...

Editor's Pick

(This is the last installment of a three-part essay. The other parts are here and here.) A Capital Bank As its title suggests, the...

Editor's Pick

Jack Solowey The United States has long led global finance. Its institutions shaped critical financial infrastructure and saw the dollar become the world’s reserve...