US Dollar

in #currency6 years ago

US dollar (currency symbol: $; bank code: USD) is the name of the United States government currency According to the paper's note design, it is also called 'Green Buck' in the current language. Its sign symbol is $, but it is written in the international document for US $ to distinguish it from other countries' dollar coin. One percent of the name is St. 1 dollar equivalent to 100 cents.
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History

The US Congress introduced it in 1785. It is the most important 'hard currency' in the world currency market in World War II. Money from Bangladesh in 1974 (BDT) in the US Dollar Pegasus. 0.87 paisa equal to 1 cents (016, 1 November) in Bengali money.
International role

It is currently the world's most popular currency. In addition to the United States, some more citadels are used as official seals. International usage of US Dollar is dual. Firstly, it is the international debt-paying currency. Secondly, it is a widely used reserve currency. But since the introduction of the euro, the role of the US dollar gradually started to decrease. According to the estimate of 1995, $ 380 billion ($ 38 billion) of the market is in operation, with two-thirds of them going out of the US. By 2005, it doubled to $ 760 billion (76 billion). Half of the outside of the United States
$ 1 US $ 1917 note

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You forgot to mention, its also called the Petro dollar. Every country who buys oil, is required to buy it in said "greenbacks". Its easy to become the most important currency in the world when you force everyone else to use it for oil. Not to mention its easy to print because it hasnt been attached to any form of tangible value since Nixon and the 70's.
:D

High quality us dollar

The US dollar is also on it's way out as the World's Reserve Currency and Petro dollar. It is a fiat currency not backed by any precious metal as it once was when it was backed as most currencies on the gold standard. There are no currencies that are based on the gold standard even if they are partially based on Basel standards. Yes it is a debt instrument as it is stated on the bill itself. It is also owned and operated by the largest private banking cartel on the planet as all currencies are. Control the worlds currency and or money supply and you control the population. One other piece of information is that a $1 bill is only worth .04 cents. That is the definition of controlling the worlds currencies and the population.

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