Eli5: Why is the U.S. Dollar so powerful?

Question

Eli5: Why is the U.S. Dollar so powerful?

In: 208

Answer 1

the us dollar is backed by the threat of the us military

that’s basically it

its backed by the threat of violence from the most powerful army/navy/AF in the world ; thus if you are a smaller country and you dont kowtow to the IMF/Fed/etc the US military ‘helps’ to ‘liberate’ your country from its ‘tyrannical’ rulers ; this has happened many times