However, the dollar is different. It can be used all over the world. Because the US dollar is the dominant currency in the world, more than half of international trade is settled in US dollars. The dollar is equivalent to the currency of the whole world, and all countries in the world use it to settle their business. This has led many countries to reserve foreign exchange dollars or buy American debt. Like our country, foreign exchange reserves are as high as 3 trillion US dollars. The US debt held also exceeds 1 trillion US dollars. China's reserves of so many dollars add up to a terrible astronomical figure in the world.
Therefore, the United States can use this advantage to dilute the overprinted banknotes. Because some countries are willing to take over, the United States is not afraid of printing money at all. American imperialists print money when they have no money, and issue American debts when they fight. Anyway, money will eventually flow to the whole world, even if it will cause inflation, it will be borne by all countries in the world. So, America is like a vampire. I wasted myself and sucked up the wealth of the world. The reason why the United States is strong is based on the dominance of the US dollar as the world currency. In order to maintain the status of the dollar, the United States can say that it is doing everything it can. The United States relies heavily on strong science and technology, strong industrial base, strong economic system and strong military strength. However, the foundation of all this is "money". The dominance of the dollar in the world currency can continuously absorb the wealth of other countries for the US imperialists to squander.
As long as there are factors that threaten the status of the dollar, the United States will kill them mercilessly. Just like this "Russian-Ukrainian war", there are many calculations behind it. In the end, the biggest winner is the United States. The United States can kill two birds with one stone by adopting the "Russian-Ukrainian War". First, successfully dragged Russia into the quagmire of war and hit the Russian economy hard. Russia has always been the number one opponent of the United States, and it has successfully weakened Russia's strength through a war. For the United States, it is very cost-effective to support Ukraine's financial and material resources. Second, successfully hit the euro. Before the war, the share of euro in international trade settlement was US dollars after all. In addition, the euro tends to surpass the dollar. However, after the war began, due to mutual sanctions. The exchange rate of the euro has also fallen again and again, and the proportion of international trade has fallen sharply. If American hegemony does not fall, there will be no peace in the world for a day!