Scenarios about 'dollar hegemony'
Dollar hegemony refers to the dominant position of the United States dollar as the world's primary reserve currency and medium of international trade since the mid-20th century. Established through the Bretton Woods system and reinforced after its collapse in 1971, this monetary arrangement gives the United States significant economic and geopolitical advantages, including lower borrowing costs and the ability to run persistent trade deficits. In alternate history scenarios, changes to dollar hegemony could dramatically reshape global power dynamics and economic relationships.
What If The International Monetary Fund Was Never Formed?
Exploring the alternate timeline where the 1944 Bretton Woods Conference failed to establish the IMF, fundamentally altering the post-WWII economic order and global financial stability mechanisms.