At the earliest time, Americans liked to explore, and in the process of wandering, they conquered 13 colonies. 1792 allowed the adoption of the mint law, and 13 introduced the US dollar to the colony, gradually forming an economy with the US dollar as its currency. After that, the United States used the gold standard to specify the value represented by money and freely import and export.
At that time, the United States developed the first industrial revolution and improved its comprehensive strength. However, World War I broke out in 19 14, which reduced the gold reserves of other countries. Many countries launched wars and asked them to go to the United States to buy war materials, which led to a large loss of gold in many countries and the disintegration of the gold standard. Most of the lost gold has been transferred to the United States, which makes the United States have the highest gold reserves and highlights the value of the dollar.
Soon after, the Second World War broke out, and too many countries were involved, which led to the chaos of capitalist economies in many countries. They held a meeting. In order to curb the development of the dollar and improve the international status of the pound, Britain put forward a Keynesian plan to compete with the United States for hegemony and leadership, but it failed under the White Plan of the United States. Since then, the dominance of the dollar has begun.
1944 The Bretton Woods Conference agreed to establish the World Bank and the International Monetary Fund, and determined that the US dollar would be the international leader. However, the pound is still used in some places. After that, Britain had a post-war economic crisis and borrowed money from the United States, which completely disqualified Britain from hegemony.
Because of the post-war crisis, the United States lent money to various countries to keep the United States a world power, including military and economic affairs.
Until today, the international status of the US dollar has not changed, and it is the largest creditor country in the world, and its equivalent value is also the highest, which is six times that of the RMB.