It's by design not by choice that the USD is anchored and entrenched globally. This allows USA to bully and blackmail countries as they have no alternatives. Arm twisting and eliminating competition to this system is the norm. If the current system is so great, pray tell why the US is blocking all moves for alternatives aka as BRICS is trying to do. Unfortunately, the learned Author tackles the issue simplistically rather than in depth.
It's by design not by choice that the USD is anchored and entrenched globally. This allows USA to bully and blackmail countries as they have no alternatives. Arm twisting and eliminating competition to this system is the norm. If the current system is so great, pray tell why the US is blocking all moves for alternatives aka as BRICS is trying to do. Unfortunately, the learned Author tackles the issue simplistically rather than in depth.