Why the dollar is now the world currency, everyone thought about this question?
Now think about ten seconds...
Before on a content platform saw a answer about this problem, fun:
"United printing money, began in gold positions, xing in petroleum and settlement, sheng in the cold war, declines in manufacturing transfer, eventually lost to U.S. debt default, it can support the facade, lai magic weapon has 3: gun muzzle all over the world, scientific research and the highest in the world, film MOBS praise,"
In a word: $can become so today, is under the right place, right time and chance,
By chance in the accident, should be not appeared under such a lucky dog,
Should say so, instead of the dollar, later won't be under a dollar,
So the dollar is how to become a world currency? This is really it's a long story, but I simply from on the right place, right time and I just said, talk about it,
1, in theory, originally the world currency, never meant to be a country's sovereign currency, but a hard currency by artificial control, so the dollar is now how to become a world currency? Simple says, is that in the era of legal tender before the arrival of a few wars, collected almost the entire world of gold, which under normal circumstances it is almost impossible happened, handing the countries all over the world are the most important gold have surrendered to a country, this is the first time in human history, our datangshengshi didn't do it, crazy development in the United States, the two world wars, the development of the United States by no limits, only an influx of gold,
This is the days, $
2, the two world wars, the United States can be watching, will sit quietly, conspired, why? , of course, because the United States in the far America, and the world's main battlefield in Europe and Asia, across Europe and Asia are quickly was razed to the ground by fire, the United States but none point smoke, this is how lucky?
If the pulling into the early war, war will end a lot of time early, the participating nations of the world's gold won't run almost completely to the United States,
This is a dollar right,
3, such as said before, when the world was in world war ii, the United States is like another world, no smoke, only uplifting the rising of a new world, people all over the world to the United States, in particular is known as the world do smart and understand the "money" of the jews, is all to the United States - in Europe, after all, only a dead end,
The global gold into American hands, the jews do, then what is the result?
This is the dollar and,
Line
After the two world wars, when the holes all over the world, people found washed-up, have to talk to the United States,
So people came to bretton woods and started an incredible currency era - the dollar era,
In normal times this is impossible to be accepted, but when the gold is in the hand, and you can't take it away by force, he open any conditions, you can only accept, even let you admit that he give you the value of the paper is equal to gold, (of course, real gold dollar at the beginning, but it didn't last)
But this model is obviously can't last long, especially when the whole world is in rapid development and the United States in the Vietnam war mire, dollar carry not to live, in the 1970 s gold dollar to cancel the commitment, and confiscate the gold, the American people at that time, americans owning gold is illegal,
Dollar (for gold) fell, although have been collapsed, but at the time the dollar's credibility has apparently fell to the bottom, but the dollar was so lucky, because oil dollars era coming,
Petrodollars system formation, let the world to produce a large number of dollar demand, also let us have the ability to get a lot of debt, look from the data, since the early 1970 s, the U.S. debt has soared, this point in time with the United States just left the gold standard, petrodollars dominant collocated,
And after the end of the cold war, the world needs to do business with us, the world is full of the younger brother in the United States, the dollar also after the arrival of a 21st century reached a peak position, no matter where in the whole world, just to hold dollars, has become our generation of the simple consensus, permeated we watch movies, books, TV,
Formed a consensus so thoroughly,
Above, is the dollar as a country's sovereign currency, how to become a world currency, and let the whole world for a country's inflation and debt risks,
Line
Under normal, there would be no one nation can replicate this with the protagonist "halo" of the road, the next generation of world currency, may return to gold (but not enough), there may be some new currency (such as COINS, etc.), who knows? But there is a certain risk, the risk of natural or from the United States itself,
The U.S. Treasury Department last year, according to data released by the end of 2018, America's debt is as high as $21.974 trillion, the United States institutions Bonner & amp; Partners, a forecast that the nearly $22 trillion of the ratio of debt to GDP in the United States has been as high as 111%,
And America remains deficit state, that is to say, not only money, also keep borrowing money, you can count on his return on the money? Again hair a, interest is not on time, compound interest scary?
"In fact, the core issue of americans should remain on the debt, to 2024, the United States the new bond issuance, basically just enough old debt interest, which is the United States now Syria did not dare to play, Iran can't dozen, north Korea can't dozen of reason, to fight a battle again, plus $one trillion deficit, will only owe more money, more interest,
Once the new debt only enough to pay the interest, then the dollar credit would be severely weakened, but now has been weakened, as long as it is not binding upon the United States, generally start thinking about their settlement system, "-- from bloggers @ sima qian, director of the history of tang dynasty
But that's still in the more distant future, but it will happen, so in that day, the world currency would be who?
I watch the COINS, but I cannot boast, such as COINS worth more than gold, let's talk about it
