Pipruit: And how did it happen that the dollar became the dominant currency in the world?
Commander in Pips: In general there were a couple of major turning points – the Bretton Woods System and the Marshall Plan after the WWII.
Bretton Woods System
Closer to the end of WWII has appeared a necessity to develop new rules of international commercial and financial relations among world’s major industrial states. For that purpose 730 delegates from 44 Allied
