How the U.S. Dollar Became the Global Reserve Currency

One of the defining features of the global economy and financial system is the central role of the U.S. dollar. This is perhaps obvious, but it is of tremendous importance nonetheless. However, it was not a foregone conclusion that the USD would come to occupy this place. How did it happen? In this episode, Everett gives a broad overview of the events, trends, and circumstances that led to the dominance of King Dollar.