Why is the U.S Dollar so much stronger than a majority of other currency around the world?

Question

I have always wonder why its so much stronger ? when you go to Japan, everything is cheaper in a sense and the U.S dollar means more in Japan. Why is that ?

In: Economics

Answer 1

This all starts back in ww2, maybe ww1. Basically the US has leveraged it power to force other countries to use the dollar for transactions. You have a war, you loan the countries money to rebuild, you set the rules.

Now comes gold and oil, same thing. You take over nations, sponsor rebellions and then “help” with the cleanup setting the rules. Always to require the US dollar to be the transaction currency. Of course all this is possible because the US has been a global superpower for along time. So basically, prosperous economy plus brute force.