Why The US Dollar Is The World’s Reserve Currency

Notably the dollar is one of the most powerful currencies and if not most powerful right now. But it is also the international reserve currency for all countries and so we are digging a little deeper to find out why and how? The first dollar notes were published as demand notes to fund the Civil War of 1861. The notes were then known as greenbacks because of their green color. The legal tender, called the United States Notes, was first published in 1862, and a standardized system for printing the…

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