How stable is the U.S. dollar?????

[OrganizedChaos]

as long as petrodollars are still in style i'm not worried.

 

[chcarnage]

Sorry, but currencies aren't backed up by armies. If you're afraid of enemy engineers taking over your ressource silos you might have played too much C&C lately. The value of currencies is influenced by the domestic economy and some other factors. Military factors kick in in conflict situations but otherwise they are insignificant.

Also it is not exactly true that most currencies are based on the US dollar, sure there were and are quite some currencies that were bound to the dollar by a constant exchange rate or in an exchange rate corridor. The Chinese Yuan aside, most of them aren't that significant. Many places accept the dollar as a secondary currency but not because their home currency is based on it anyway, but because their home currency lacks stability.

The dollar's unique position among currencies comes from his dominant role as a reserve currency and his high trade volume. These factors give much leeway to American trade policies and the loss of this uniqueness, although very unlikely, would not have a positive impact on the US economy.



currencies are not based on each other