This guide is about the U.S dollar, and its possible imminent collapse.

in #gjdkhls2 years ago

The US dollar has been the world's reserve currency for decades. It is the most traded currency in the world and it is also the most used in international trade. The US dollar is so important that some even call it the reserve currency of the world.

The US dollar has been an important part of our economy since its inception nearly 100 years ago. It was originally created by President Theodore Roosevelt after he took office in 1901 and pledged to assist American farmers in their economic struggles following the Depression of 1893.

The US dollar was first issued at a rate of 20 USD/ounce of gold, then increased to 35 USD/ounce in 1933. Since then, there have been a number of different issuances of the US dollar, including one in 1945 when legislation was passed requiring all bills printed after that date to be signed by President Harry Truman. instead of President Franklin Roosevelt, who died earlier that year.