The Global Power Of The U.s. Dollar

The Rise of China, Alternative Energy, and the Future of Global Currency American hegemony began with a unique economic market. The unregulated version of capitalism employed and protected by the United States Government (USG) was developed by individual entrepreneurs operating in the freest market in the world. They innovated petroleum refining and business practices that are still supporting U.S. global monetary control and financial power today. Now that humanity is making a shift away from

constructed a global system of control. Its superior military, weaponry and intelligence apparatus have been crucial in this system, but an equally important factor has been its control of the global economy, and its primary weapon, the U.S. Dollar. The dollar’s world reserve status alone does not make it unique, but its deeply rooted role in American and global geo-politics certainly does. As Vassili Fouskas and Bülent Gökay point out in their book The New American Imperialism, “Dollar hegemony has

provide a watertight analysis of the Iraq war. REALIST PERSPECTIVE Followers of Realist school of thought argue the case of 2003 Iraq war from the standpoint of power and Security. The Bush

The Debate Over U.S Imperialism Imperialism has played a large role in U.S history and other countries. Factors that can be changed through imperialism are global power and trade investment in other countries. Imperialism is a natural way of expanding and is beneficial to the U.S. Although imperialism has caused wars, there are many positive results, such as annexation and involvement in other countries, better trade, and the rise of the U.S as a global power. Therefore people believe imperialism

imposed a greater need for countries to expand their economy via global commerce. Moreover, in the United States, the harsh economic realities of the Panic of 1893 encouraged Americans to look for new conduits to stabilize the economy beyond its borders. Consequently, leaders and thinkers in a country rich with isolationist traditions of avoiding permanent or entangling alliance embraced sympathetic views toward engagement in global commerce. For example, McKnight Nichols presented a diverse group

The United States took advantage of its growing economy to increase its global power and interests. President Taft took this advantage to combine economic and foreign policy, especially with Latin American. America’s economic power transformed into a diplomatic tool for strategic control in the Latin American region. Taft urged investors to invest in foreign markets to increase American influence abroad. Arguably, Taft wanted to catch up to the multiple imperialist European countries in addition

Future of the U.S. Dollar Today, the world economy, after witnessing the greatest hit in 70 years, is wondering what life will look like after the storm has settled. It is grappling with the fundamentals of unemployment, increasing inflation, current account deficits, negative growth, and zero interest rates along with it, depreciating the value of money. In the midst of all this the future of the U.S. dollar is uncertain. Will the dollar maintain its reserve currency status even after its depreciation

New Hampshire, United States of America (hereby U.S.) on the 22nd of July 1944. It was aimed at maintaining stability in the monetary system in the post World War II period. “In an effort to free international trade and fund postwar reconstruction the member states agreed to fix their exchange rates by tying their currencies to the U.S. dollar.” The fundamental of this system was liberalizing trade policy and promoting free trade. The U.S. dollar was linked to gold as a show of its

military arsenal and nuclear capacities. The U.S., which was then considered an incomparable and unattainable power, sat on top of an influential global economy power capable of stimulating other nations to want to follow on its path or at least stay close to it as allies. However, this image of America’s power has been slightly taking a shift. It was during the Great Recession’s aftermath that doubt began to surface about the lasting of the American power in the international

promote capitalism through global diplomacy throughout the world, which lead to free trade and open markets established with other nation-states. Consequently, it became the reference country, in phase 2, to all the other nations in terms of power. However, due to America’s role in the Allied victory and its economic and financial might,President Woodrow Wilson was in charge of dictating the terms of the settlement post World War 1. He tried to use its increased power in order to reorganize