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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Q Please study the following article: "The Dollar Reigns Supreme, By Default (Links to an external site.)Links to an external site." Reflect upon the author's opinion. • Synthesize a response to the following question: Do you agree with the author that the U.S. Dollar will remain the global currency? • Post your reflection to this discussion forum.

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The US dollar is the most demanded currency in the world. In this article, the author has analyzed the causes and effects of its high demand and has also provided his idea on the future of the U.S. dollar. A massive economy, a democratic government, strong public institutions, and a stable legal frameworks are some of the reasons behind the increasing demand for the U.S. dollar (Prasad, 2014). The author has noticed that the dominance of the U.S. dollar in the global currency market has given the leverage to the United States to borrow a large sum of money from around the world and live beyond its capacity. According to 2014 data, the United States