The US Federal System has printed a lot of unsecured dollars over the past year. Therefore, many people rightly fear an imminent strong depreciation of the dollar, and some even believe that the United States is bankrupt. In contrast to this opinion, some people continue to believe in the strength of the dollar, and in its cloudless fate.
The Strength of the Dollar
The US dollar is a measure of value for all world currencies. And it is in it that almost all countries store reserves.
For example, you can take Ukraine, where both the authorities and the population assess the hryvnia exchange rate, primarily against the US dollar.…Continue reading