Haymaker Daily
On the currency game
Hello, Subscribers:
The U.S. dollar has been the global reserve currency since the end of WWII. Elevating its status, America employed its enormous pool of savings built up during the war years, along with its mammoth and undamaged industrial base, to rebuild the war-torn countries. As a result, both the U.S. currency and its economy were the envy of the world. The dollar also maintained at least a partial peg to gold until 1971 when Richard Nixon severed the last link.
