Why the Dollar Should Be the World's Money

The whole world capitalist system can only function when there is a leading country which provides the leadership. After 1945 everything was fine America was the biggest country in the world it provided leadership and and and so on. The United States economy at the end of the second world war accounted for half of world's production. This brings us because the analogy with the UK is so important to address the final question of today's show. We are going to do the another five questions later on in the next show but in today's show we have to answer the question what was the sterling system really like?