The Transaction Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Now for our what in the world segment. the dollar is the currency of choice around most of the world. drug dealers use it, so do arms smugglers, money launderers and tin pot dictators. but that s all because it is the ultimate, unquestioned reservoir of value in the complex global economy. everyone, everyone accepts the dollar. now in the aftermath of world war ii, the dollar became the currency of choice for most trade between nations, the so-called dollar standard, when china buys iron ore from australia, the transaction doesn t take place in yuan or australian dollars, it s in u.s. dollars. when china sells widgets to russia, in the past, it hasn t been settled in yuan or rubels, ....

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