97: The US Dollar Isn’t Going Anywhere (Here’s Why)
The US dollar is in danger. For decades, trading in USD (US dollars) has been the standard for almost every country on the planet. Thanks to America’s consistent economy, stable government, and growing global market share, the USD has become the most sound currency on earth. But things are starting to change. USD dominance is being threatened by BRICS countries (Brazil, Russia, India, China, and South Africa), looking to ditch the dollar for a currency they control.
But why are most countries trading in USD? When was USD chosen to be the world’s reserve currency? And what does “reserve…
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