Instability, Liquidity and ➕ World 🗺️ Money 💸

Instability, Liquidity and ➕ World 🗺️ Money 💸

👓 Lacey Schmeidler
Instability, Liquidity and ➕ World 🗺️ Money 💸

Instability, Liquidity and ➕ World 🗺️ Money 💸

✅ The need for an international 🌐 currency 💵 dates 📅 back 🔙 to at least the Byzantine Empire. The United States Dollar 💵 has been the leading world 🗺️ money 💸 since at least the Bretton Woods agreement 🤝. However, in recent years the flaws of the Dollar 💵 standard have become prominent and ➕ competition has presented 🎁 itself to the Dollar 💵 regime. What does the future hold 👫 for the Dollar 💵 Standard International 🌐 trade flows have never been larger nor more essential to sustained global growth 📈, making 🛠️ a medium 🔉 of exchange 💱 all the more essential. What will happen to international 🌐 trade if the Dollar 💵 standard is replaced What will happen to Americas 🌎️ political power when its currency 💵 is not ❌️ longer the international 🌐 unit of exchange 💱 This essay analyzes the current status of the Dollar 💵 as world 🗺️ money 💸 and ➕ evaluates its future as the worlds 🗺️ leading international 🌐 currency 💵.



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