By Invezz
As the international reserve currency for the better part of a century, global trust in the US dollar has been virtually limitless.
At any time, in nearly any country, its role as the ultimate safe-haven currency and the universally accepted standard of economic value has been beyond question.
How the dollar became the one to rule them all
At the turn of the twentieth century, when the dollar was coming into its own, it was blessed by limited currency competition.
The sterling of the British Empire had run its course and during the Great War, Europe’s leading powers razed each other’s economic assets to the ground.
The US on the other hand, had plenty going for it…
