The path to overthrowing the pound's hegemony and establishing the Dollar Empire

World War I ended the undivided reign of the British pound (GBP), and with it, the structures of the gold standard were shaken. The United States lent Great Britain $5 billion (total war debt – $43 billion in current values) and France $4 billion ($30 billion) to finance its war efforts. Germany, on the other hand, was indebted […]

ByIgor MiasnikowPublished:08/01/202314 min read