Too Long; Didn't Read
<span>T</span>he United States holds tremendous power over the world economy, not least because the USD is the world’s most popular currency, and essentially the global reserve. <a href="https://www.jstor.org/stable/10.13169/worlrevipoliecon.8.1.0104?seq=1#page_scan_tab_contents" target="_blank">The USD has allowed the US to be the hegemonic power it is, arguably even playing a larger role than its military or politics</a>. The majority of international trade depends on the USD, especially when involving developing economies. Banks and countries all around the world hold USD in their vaults.