4min chapter

The Bridge to China cover image

Why are there more countries trading in currencies other than the dollar now?

The Bridge to China

CHAPTER

The Rise of the Dollar

After 1973, the US found that gee, I can just print dollars. It costs about what like 13 cents or 17 cents to manufacture each like $100 bill. But with all this money newly printed, it's going to lead to inflation inside America,. So at the same time, developing countries who are holding the dollar, their money becomes less valuable.

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