The dollar and other currencies at a glance

[Rebirth01]

The US have to tell the world why and how the dollar is so valued in the world. For crying out loud, every other currency in the world is useless compared to the dollar and even in recession the dollar is still powerful. In the mix of the US and Iran war the dollar is strong. So i believe even if the world economy is in recession the dollar will still wax stronger. Is it that the US have the best economist in the world?

[mindrust]

The US have to tell the world why and how the dollar is so valued in the world. For crying out loud, every other currency in the world is useless compared to the dollar and even in recession the dollar is still powerful. In the mix of the US and Iran war the dollar is strong. So i believe even if the world economy is in recession the dollar will still wax stronger. Is it that the US have the best economist in the world?

Economists don't save an economy. They barely save their own personal economy. They are as useless as statisticians imo. They'll show or tell you what you want to believe. They'll read your behavior like a book and tell you what you'll agree with. That's their trade. At least lawyers don't hide what they do, these motherfuckers though, they are sneaky. They lie more than lawyers but people still hate lawyers more. That's unfair.

[Coyster]

You should have quickly surfed the internet for answers, that would have been a quicker way to arrive at what you are looking for.

The U.S. dollar is the world's reserve currency, Central Banks around the world hodl the U.S. dollar in their reserves. It is also the most used currency in international trade. There are a few other reasons why it is so valuable, i don't know if they have the best economists, but they do have one of the largest economies in the world and that counts for a lot.

[Churchillvv]

You sound more aggressive or aggravated from my perspective but however your question is kinda valid hence I will love to let you know that you need to understand that this is psychological and the USA government understands that if they make you feel the ego in the dollar it becomes reality so they down grade every other currency in different terms just to make you think the dollar is way better, yes the economy is stable but look at Luxembourg and the UK they have good economy and currency too which is bigger than dollar, but the fact remains that the dollar is psychologically stable not in reality.

[Franklyn-wood]

The US have to tell the world why and how the dollar is so valued in the world. For crying out loud, every other currency in the world is useless compared to the dollar and even in recession the dollar is still powerful. In the mix of the US and Iran war the dollar is strong. So i believe even if the world economy is in recession the dollar will still wax stronger. Is it that the US have the best economist in the world?

Economists don't save an economy. They barely save their own personal economy. They are as useless as statisticians imo. They'll show or tell you what you want to believe. They'll read your behavior like a book and tell you what you'll agree with. That's their trade. At least lawyers don't hide what they do, these motherfuckers though, they are sneaky. They lie more than lawyers but people still hate lawyers more. That's unfair.

There something they are not telling us about dollar and how it remains to drop in value despite the war between US and Iran and other subsequent wars they are involved in. Dollar seems not to be affected compared with other currencies in the world.
About the economics are not balancing some of this information to the general public as it sounds and look like there are things swept under carpets about the US government yet to be told.

[Charles-Tim]

The US have to tell the world why and how the dollar is so valued in the world. For crying out loud, every other currency in the world is useless compared to the dollar and even in recession the dollar is still powerful. In the mix of the US and Iran war the dollar is strong. So i believe even if the world economy is in recession the dollar will still wax stronger. Is it that the US have the best economist in the world?

United States inflation rise to its highest since 2021 to 4.2%. United States inflation was below 4% since 2021 but the war in Iran was one of the reasons the inflation was more in the country this time around.

But you are not wrong that United States is strong. Would that be a reason people should save it? I prefer to have bitcoin on noncustodial wallets and hold it than to go for fiat.

[Japinat]

Is it that the US have the best economist in the world?

They are already at the top, so they can dictate, and one of the major reasons why the dollar stays strong is not just because they are good economically but also because they are strong militarily. Look at those wars and who they usually target, they target countries with the most oil because they still want to control the world’s oil trade, which should use the dollar so demand will continue or even increase. If you have not seen the documentary titled Petrodollar, I suggest you watch it so you will understand how tied the dollar is to petroleum around the world.

[Alpha Marine]

There something they are not telling us about dollar and how it remains to drop in value despite the war between US and Iran and other subsequent wars they are involved in. Dollar seems not to be affected compared with other currencies in the world.
About the economics are not balancing some of this information to the general public as it sounds and look like there are things swept under carpets about the US government yet to be told.

You people constantly swear the US dollar will crash to dust soon, with no solid reason why you think so, then get surprised when what you think doesn't happen. The dollar has created trust, and when there is trust for something, people will always demand it, and when there is demand for it, it will still remain valuable.
A currency that is used for international trade and is 57% of all foreign reserves won't just fall like other currencies. As long as there is always demand for it, it will remain valuable

The dollar has not always remained stable or increased in value this year; it has fluctuated and dropped in value a little bit. There has been inflation in the US this year, which means the dollar has dropped in value, but the problem people have is they exaggerate how badly the dollar is doing compared to other currencies. That is why they come up with theories that the dollar will crash soon or the dollar is dead.

[viljy]

The US have to tell the world why and how the dollar is so valued in the world. For crying out loud, every other currency in the world is useless compared to the dollar and even in recession the dollar is still powerful. In the mix of the US and Iran war the dollar is strong. So i believe even if the world economy is in recession the dollar will still wax stronger. Is it that the US have the best economist in the world?

You probably are joking. If all currencies except the dollar are useless, then why is the dollar constantly falling against some of them, for example, the ruble? As far as I remember, the dollar is strengthening only against the Turkish lira. Also, the role of the yuan in the world has long been almost equivalent to the dollar. As for the economists, there are indeed very good academic economists there. But the politicians don't listen to them.. did the politicians listen to Stiglitz a lot?

[Spaceman1000$]

You sound more aggressive or aggravated from my perspective but however your question is kinda valid hence I will love to let you know that you need to understand that this is psychological and the USA government understands that if they make you feel the ego in the dollar it becomes reality so they down grade every other currency in different terms just to make you think the dollar is way better, yes the economy is stable but look at Luxembourg and the UK they have good economy and currency too which is bigger than dollar, but the fact remains that the dollar is psychologically stable not in reality.

Despite that, I feel the dollar is more influential in the international market as most trades are done using the dollar. The U.S is a big economy, they are one of the largest in the World, their influence cuts across nearly every sector, and regardless on how anybody want to see it, they are the World power, so far their currency to have such powers, it will come naturally. The UK and Luxembourg might have a stable economy, but what is their pollution when compared to U.S, how influential are they compared to U.S, these are so of the things to look out for, not just stable economy.

[Perfectbaby]

Dollar is generally being accepted in almost all the country and is being used across the world, but that doesn't applied to other currencies because you can't use them outside the dollar and, the dollar still remain strong.
They are word power and also seen as the global safe haven.

The U.S. dollar is strong primarily because of high American interest rates, robust economic growth relative to other nations, and its status as the global safe-haven currency

From the little search which I made above.

[imthegreat]

The US have to tell the world why and how the dollar is so valued in the world. For crying out loud, every other currency in the world is useless compared to the dollar and even in recession the dollar is still powerful. In the mix of the US and Iran war the dollar is strong. So i believe even if the world economy is in recession the dollar will still wax stronger. Is it that the US have the best economist in the world?

The dollar, once a very powerful currency that could also serve as a safe haven during crises, remains so. Even after the complete abolition of the gold standard. After all, Nixon unpegged the dollar from gold in 1971, but the dollar did not lose its power because it is essentially an investment in the world's number one economy—the US economy, which operates like a powerful mechanism, almost like a Swiss watch. Therefore, the world continued to believe in the dollar's power, and this hegemony will continue, and no currency can match it.