How The Dollar Became The World’s Top Global Currency – Analysis

How The Dollar Became The World’s Top Global Currency – Analysis

Eurasia Review

Published

By Ryan McMaken*

In March 2009, in the midst of recession, then Treasury secretary Timothy Geithner was pressed to respond on the question of whether or not another currency—possibly the IMF’s special drawing rights (SDRs)—might displace the US dollar as the dominant global reserve currency. Geithner responded that...

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