Globalist Coffeehouse: November

US Currency & Its Global Influence

In 1785, the US adopted the dollar sign as its official currency. Just three years later, in 1789, the very first dollar bill was issued. By 1791, Alexander Hamilton established the Bank of the United States. For over the last century, the dollar has been a dominant force in international trade.

An interesting fact is that the most significant bill to have ever been produced was between December 18, 1934, and January 9, 1935. It was worth $100,000, printed with the portrait of then-President Woodrow Wilson.

Despite recent economic shifts and, perhaps more importantly, technological evolution, the US dollar remains the global currency. What was the role of the dollar's stability in the 20th century? What exactly made it much more appealing to other countries than their own currency? Most importantly, what will be the status of the dollar in the first half of the 21st century and beyond?
Please join us for a lively discussion on such a vital topic.

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Host or Publisher World Affairs Council of Austin