Friendshore First, Trade War Second
Motley Fool Money
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The Dollar's Dominance: History and Implications
This chapter traces the historical significance of the U.S. dollar as the global reserve currency, beginning with the Bretton Woods Conference and its evolution into a floating exchange rate system. It explores the dollar's crucial role in facilitating international trade, the potential rise of alternative currencies, and the implications for U.S. economic policies. Additionally, the chapter delves into economic warfare strategies employed by the U.S. and the challenges faced in maintaining its financial dominance amid shifting global dynamics.
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