The Role of Industry in the Dominance of the US Dollar

Law of economics is about supply demand and controlling the price of whatever desired product or commodity individuals need or want. If you can put yourself at the cross hairs of that price point if you have the ability to shift the supply demand curve then that puts you in the most dominant position so we're wind back to World War II. The United States found itself with global presence a presence in each of our allied countries plus a presence inEach of the dominated countries. One of the key pillars of our financial system was understanding the value of debt and leverage.