Since the Bretton Woods agreement of 1944, Europeans and other developing nations have complained about the exorbitant privilege and tyranny of the US dollar. As the preferred currency of global trade and foreign exchange reserves, the USD bestows extraordinary power and wealth to Americans. However, in their desperation to sustain this unfair advantage…
Keep reading with a 7-day free trial
Subscribe to India and Geopolitics to keep reading this post and get 7 days of free access to the full post archives.