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Wednesday, March 29, 2023

A Cold French Shower On All The De-Dollarization Hysteria

https://worldcrunch.com/business-finance/dedollarization-financial-markets-europe

 The dollar replaced the pound as the world’s currency in the 1920s because the U.S. economy was thriving while the U.K. economy was weakened by the war. The Bretton Woods Agreement, signed 20 years later, only formalized the dollar’s dominance.

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