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The Dollar Is Still King. How (in the World) Did That Happen?

davfordavfor
in The OT Bullpen
This article provides some useful perspective.
“There is no alternative to the dollar,” said Mark Blyth, an international political economist at Brown University. “We’re stuck with the dollar, which gives the United States astonishing structural power.”
https://nytimes.com/2019/02/22/business/dollar-currency-value.html?action=click&module=Top%20Stories&pgtype=Homepage
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