Why do people all over the world believe in the dollar?

First, no country is the world's largest power, and its domestic economy is stable。The United States, as the world's number one power, now has absolute superiority in both politics and economy, and has numerous alliances around the world, and the gap between the United States and China in terms of national military strength and economic status is still huge, <>

The United States relies on the strong domestic economy as a support to continue to export the value of the dollar to the world, immediately the dollar is the main currency of the United States, has a certain reserve value in the world, and the purchase of the currency with the support of the strong economy of the United States is not easy to lose money, plus the United States has been in the oil and resources control is more prominent, the international settlement on oil has always used the dollar, so it has caused a lot of international financial and resource settlement must use the dollar this hard channel.

Second, the United States has a strong economic settlementBit. During the end of World War II, the United States formed a common Bretton Woods system with the countries of the world, through the abolition of the gold standard system, the establishment of financial institutions, the strengthening of the dollar and the world's linkage, and the continuous plundering of the wealth of other countries, this kind of financial status that has also come through a century of development in history, makes the United States and the United States' dollar status unshakable and unimaginably fixed, <>

In addition, the United States has continuously strengthened the trust of the people of the world in the dollar by printing money and currency in the past few years, and if you want to form a monetary system that confronts the United States, you must rely on a stronger financial system and countries to support, and the United States continues to use the dollar to trade among many allies in order to support the growth of the dollar, which has caused other countries to use the dollar in transactions with the United States and its allies, which is one of the reasons why the people of the world believe in the dollar.

Third, international exchange rate settlement requires a common currency。The United States now has a great advantage in international foreign trade, and it is necessary to use a common currency to measure or settle between the world's various countries, and then the dollar acts as an intermediate bridge to continuously obtain exchange rate advantages and consolidate the position of the dollar through exchange rate settlement, <>

In recent years, the international dollar has been being reserved, and some people have speculated on the dollar, which has led to the rise of the dollar's status, which has formed a pattern in which the people of the world need the dollar. If there is anything missing, please feel free to add it.

The exchange rate of the US dollar in the world is very high, and the room for appreciation is also very large, so it is believed by people all over the world that the US dollar is so favored.

People all over the world believe in the dollar, and in the final analysis, they believe that the United States behind the dollar can be prosperous for a long time.

Because the US dollar has a very important position in the world's financial system, and many countries use the US dollar.

Because the dollar is the world currency, it is pegged to **, and there will be no problem of state manipulation of exchange rates.

Seeing that everyone likes the dollar, you are red-eyed.

Because of credit, the whole world is supervised.

Because Tong Su is not deceived and does not fool.

Because strength is the best credit.

The Bretton Woods system begins.

Supporting the dollar is political stability.

The fundamental reason why the U.S. dollar has the universal status of a currency is actually that the United States has the most money.

Dating back to the time of the world wars. During the First and Second World Wars, the United States made a huge war windfall, and after the end of World War II, the United States' ** reserves reached 2 3 of the world's total. At that time, the way of international transactions was not the dollar, but **.

So after that, the Bretton Woods Conference was convened, which abolished the U.S. dollar and changed it to the international currency, but the U.S. dollar is still pegged to the U.S. dollar, so the relationship between countries can only be circulated in U.S. dollars.

Dating back to the period of the world wars, in the First and Second World Wars.

During the United States made a war windfall in World War II.

After the end, the ** reserves of the United States reached 2 3 of the world's share. At that time, the way of international transactions was not the dollar, but **. So after that, the Bretton Woods Conference was convened, and the ** was abolished and the dollar was replaced by an international currency.

Not only the US dollar, the British pound, and the euro are also recognized, but they are often recognized as currencies with good credit, that is, relatively hedging value. If a currency depreciates thousands of times over the decades, no fool wants to admit this kind of money, including the people who own the currency.

Not arrogant or impatient, we continue to work hard to move forward.

The problem that the United States will fall into an "economic turmoil" is to lead the economic talk between the people for the first time, people use it well, and you suddenly don't let it be used, which is also very distressing for those billionaires. And it's not the same in other countries, take China as an example. China has always pursued the principle of peaceful rise and has continuously promoted the internationalization of the renminbi.

At present, RMB overseas settlement is still very good in this regard.

Oil settlements between China and Russia, China and Saudi Arabia, China and Iran, as well as with Venezuela and African countries, have all begun to be settled in yuan. However, there is still a long way to go in the internationalization of the renminbi. According to a report released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the proportion of RMB international payments in 2017 was only ,Even Russia, which has the best relations, has only a pitiful use of the renminbi.

However, we don't have to be too pessimistic, in the near future, the market share of the RMB in the bulk will become larger and larger, because behind the currencies of the big countries is the strength of the big countries. Secondly, the international monetary system has since entered a new chapter, because it can issue money at will, and the monetary policy of various countries has become an important official policy, and it is also an important battlefield for the game, the so-called currency war, a single policy may easily take away the accumulated wealth of other countries.

EngageKnowing this history, you will understand that the current status of the dollar is determined by national strengthIf other countries can give up, it must be that the United States is no longer the world boss, and the current political and economic pattern will change dramatically, and the United States is likely to be a world power like Britain before, but its ranking will decline, and it will not be as strong as it is now. In short, the policy of ending the use of the dollar is still far away, and it will never even happen.

Then the United States can only use the currencies of other countries, and if it does not use the dollar, the United States will basically lose its hegemony as the first economy.

If the whole world did not use dollars, the United States would not be able to hold on to the fruits of the hard work of all countries in the world, and the United States would have to rely on itself.

If the whole world didn't use dollars, the U.S. economy would collapse and decline. If the whole world uses the renminbi, then China's economy will develop very well.

If the world were to use the dollar, the U.S. economy would collapse and leave a massive foreign debt that could not be repaid.

Behind the currencies of great powers is the power of great powers. Second, the international monetary system is now moving towards a new chapter, and in short, the policy of stopping the use of the dollar is still far away, and it will never even happen.

The United States will not be so bullish. It wouldn't have been so horizontal if it hadn't passed. The United States will obediently do a good job as a developed country. Just do what you need to do, like the UK

The United States must be in a kind of economic crisis, and if that happens, the United States' international standing may also be affected.

Then the United States will definitely slowly fall behind other countries.

I think if the whole world didn't use dollars, the United States wouldn't exist in this world.