The world's reserve currency. Roughly 75% of global trade still settles in USD, via the Correspondent Banking / SWIFT / Federal Reserve stack — including trades between countries that are nominally trying to avoid it, like Russia–China or Qatar–Switzerland. William Hockey's view: this isn't an accident, it's a moat, and it's the single most powerful tool in US foreign policy. See Dollar Hegemony and Sanctions.
US Dollar
Connected (11)
- China Linked both ways · References
- Correspondent Banking Linked both ways · References
- Dollar Hegemony Linked both ways · References
- Federal Reserve Links to · References
- How to bet on yourself (without venture capital) Linked from · Learning
- Qatar Linked both ways · References
- Russia Linked both ways · References
- Sanctions Links to · References
- SWIFT Linked both ways · References
- Switzerland Linked both ways · References
- William Hockey Linked both ways · Learning