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effectively been the currency of the world for our entire lifetimes. there was virtually no place in the entire globe you could go that would turn down a 20. andrew jackson s face beside the famous seal of the u.s.as treasury was probably america s best known expor best. from dar es to sri lankapost in to the smallest gold mining outpost, the amazon basin. every shopkeeper on earthco recognizgnizede a twenty dollar bill . the dollar wa.s universal and not just universal.ct inio commerce, though,ns tha the majority of international wered iny held ae conducte dollars, but universally held as a long term store of value. globally, the world s central bank stockpiled us dollars far more than any other currency. now,e ot most americans may not have known that or they did,wary but it doesn t matter what goo they knew. it it wasd very good fore arr everyone who lives here because there were so many us dollars cu in circulation outside ofborrow the country. the cost of b ....
Africa and latin america in cu chinese currency brazil, which has a brand new government supportement supd by the biden administration, announced it will do the same thing. brazil s largest economylargestn the hemisphere. after ours, pakistadoinn is doing the same thing. that s a long time u.s. ally, india and malaysia, two of the biggesld announct economiesn the world, announced they ll be settling their trade in their own currencies, notht the dollar. even france, which w. e liberated ,is using chinese currency ina u a new liquefied naturaefl gas trade. china and saudi arabia are nowps major business partners and again, et cetera, etetera. cetera, et cetera. s happen this is happening ard the world. in all of it is shutting out the u.s. dollar and it s happening a lot faster thane anybody could have predicted. could veicted.and yet no one inn seems aware that itappening is happening. so if you want the rest ofha the world to trustwo use it a your currency, the last thing you wou ....