The Future Is Local, The Future Is Not Monsanto | Global Research
The US is able to consume the way it does because of high demand for the
US dollar: it is the world reserve currency. This demand for the dollar
is guaranteed as most international trade is carried out using it. The
international monetary system that emerged from the Bretton Woods
Conference near the end of the Second World War was based on the US
being the dominant economic power and the main creditor nation, with
institutions like the World Bank and International Monetary Fund
eventually being created to serve US interests.
