Why is the US dollar used as the benchmark for currencies worldwide?

Question

Why do we compare our country’s currency to that of US’s and determine our currency’s value?

In: 1

Answer 1

Its the “petro dollar”

World still runs on oil and when the saudis only take the american dollar there is a big reason for it. Also why the saudi’s can kill and dismember a reporter and only get a stern talking to.

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Also GDP/ stability