The evolution of the U.S. Dollar: From domestic expansion to global dominance
By Vusuthando Percyvil Dube The United States has emerged as the world's preeminent economic power, with the U.S. dollar serving as the major global currency. This transformation is rooted in a complex interplay of domestic growth and international conflicts, notably three significant wars: the Spanish-American War, World War I, and World War II. Each of these conflicts played a crucial role in redefining America’s global standing and establishing the dollar’s […]
