Many Americans are totally unaware how dependent their standard of living has become, to the global role of the United States dollar (USD). The petrodollar system, has supported the United States (U.S.) currency in the world economy, since the early 1970’s. The premiere reserve position the American dollar has held for over forty years, has become largely dependent on the international trade in crude oil. The petrodollar system of rules, has allowed the United States government and Americans to live far beyond […]
The American Dollar
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A Resurgent United States Dollar: The Return Of The King
Internationally the dollar has become resurgent in the face of a collapsing commodities market and a decline in national currencies almost everywhere. It still does not mean the United States dollar (USD) as the world’s reserve currency, is not in danger itself. Years of quantitative easing (QE), historically low interest rates and incredible amounts of debt, have taken their toll on the American dollar as well. Yet, the dollar has increased 19% in value since last July. This is an enormous increase […]
This Is The Last Hooray For The United States Dollar And The Present World Economy
Investors have observed a rally of the United States dollar over the last few weeks. This is more a result of what is happening to other major world currencies, than what is occurring in the United States. The analogy one can be put forward is that the American dollar (USD) is the cleanest shirt, among the soiled shirts in the dirty clothes closet. That is among the poor options available, the dollar remains the best choice among investors. Quantitative easing on a mass […]
Investors Will Soon Witness The Twilight Of The American Dollar
Investors world over will mourn the passing of the American Dollar. The reign of King Dollar was a long one from 1944 to 201?. That the end will come is now certain. The only question is how soon and by what means? The American Dollar (USD) has been under threat of mortal danger for sometime now. The death watch among some analysts has already begun. There is a certain anxiety with the imminent end of the USD among international investors and financiers. […]
Investors Beware: King Dollar’s World Reign is Nearly Over
The reign of the dollar for international investors has been a mainstay and familiar guide post. The United States dollar (USD) has been a currency that all sides could agree had value. It was relatively easy to convert in most countries and ended up being legal tender throughout the world. A great deal of world trade both legal and illegal ends up being negotiated with American dollars. The continued and rising demand for the currency of the United States because of the […]
How Did The American Dollar Become King To Investors Around the World
International investments are often made in dollars regardless of the country of origin. This has been the case since the Bretton Woods Agreement made in 1944. This conference solidified the hegemony the American dollar was rapidly achieving. Although that agreement set up permanent exchange rates which would later be dismantled, it still allowed the United States Dollar (USD) to achieve a role of primacy in international trade and investment. The only real competition in the international arena for the USD was the […]