Is guaranteed by the credibility of the government and can be made based on the following factors: 1. The dollar is linked to oil.
The United States controls major oil producers in the Middle East, which accounts for 70 percent of the world’s oil exports.
The United States requires oil exporters to price and settle in dollars, creating an artificial demand for dollars.
2. The United States controls the world’s largest stock exchange (NYSE) and the gold futures market.
For now, New York is still the best place in the world to raise money for businesses.
The United States can remotely control the world’s economies by trading stocks and gold futures.
3. Strong military power.
With more than a dozen aircraft carriers, the United States is highly capable of strategic projection.
It has troops in all strategic places in the world.
The United States can exert significant influence on the politics and economy of target countries through military, political, and economic means to ensure American interests abroad, including the strong position of the dollar.
It can be said that hot issues in every stage of the world since the second World War are related to the United States.
By dismantling the European Union, the Arab states and controlling South Korea and Japan, the United States attacked the sovereign currencies of overseas countries and, if necessary, reinforced the hegemony of the dollar.
4. The United States controls core technology and high technology.
By controlling core technologies and high technologies such as chip manufacturing, computer operating systems and root servers, the United States ensures that it will always be at the top of the industrial chain and always have a first-mover advantage, which can also be recognized by the US dollar.
5. The United States is the highest superpower in the world.
The interests of the United States and the world powers are closely linked.
When America catches a cold, the world coughs violently.
It is too early to talk about cuts with the United States.