The Economist 1988 Phoenix Rising "Get Ready for a World Currency"
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History of World Reserve Currency: Ancient to Modern
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The dollar has been the world’s primary reserve currency for the best part of a century, but under Donald Trump it may be losing its privileged position. Kenneth Rogoff, from Harvard University, talks with The Economist’s top economics editors at the World Economic Forum in Davos: https://econ.st/3NvTRNz | The Economist
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History Facts & Stories on Instagram: "One dollar in 1989 could stretch a lot further than it does today. From snacks and fast food treats to small everyday essentials, a single bill could actually feel like spending money instead of spare change. It is a reminder of how much prices and priorities have changed over time, and how something that once felt ordinary now feels almost unbelievable. Sometimes looking back puts just how fast the world has changed into perspective."
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