Which is the most valuable against the dollar, the euro and the pound?

As far as all the sovereign currencies that can be seen in the world at present are concerned, the most valuable one must be the US dollar, while the currencies of the second echelon are the euro, the pound and so on, and then the yen, the renminbi and so on. Generally speaking, I think there are the following points:

1, dollar history

America should be regarded as the only continent that was not directly attacked and occupied during World War II. Therefore, the United States has not been hit by the war. Therefore, industries and talents are well preserved, suitable for later development, and have laid a stable national sovereignty environment for the US dollar. Because countries with unstable sovereign regimes cannot issue stable currencies. American property is also a major factor. As a victorious country in World War II, the United States has obtained a large number of assets from various defeated countries, including talents, including the property of exiled Jews (including Jewish countries such as Israel at present), all of which are kept in the United States, so the US dollar has a good resource base.

2, the purchasing power of the dollar

A country's currency needs strong purchasing power to become a stable currency. This purchasing power is not spoken by mouth, but by strength. The United States has taken many measures to improve the purchasing power of its own currency. The most important thing is the initial dollar system against gold. Dollars and gold can be exchanged at a fixed ratio, so dollars are also called dollars. Because the United States has enough gold reserves (refer to article 1 for the source), the US dollar can complete this benchmark at the initial stage. In the later period, due to the circulation problem, the US dollar could not be converted into US dollar-gold, so sovereign credit was used because of its international purchasing power (refer to Article 3). Then, in order to increase the purchasing power of dollars, the United States adopted the measure of exchanging dollars for oil and adopted the dollar system for international oil settlement, thus stabilizing the international purchasing power. In addition, the United States is one of the three largest gold reserves in the world, and the gold of many sovereign countries exists in the United States, which is equivalent to the "deposit" of the United States, so this can completely enhance the purchasing power of the US dollar. Of course, with the emergence of loose monetary policy, the dollar was oversold and the purchasing power was unstable for a time. What should America do? Spend money to build weapons and missiles, shoot them out, and when the fireworks are released and the bombs are gone, the money will burn out. You can continue printing.

3. The international influence of the US dollar

The reason why the US dollar is stable is also because the US dollar is an international currency and currently ranks first among four or five international currencies. Most countries use dollars in international settlement. Because of the influence of the first three points, the dollar is accepted by many countries. Storing dollars can increase the convenience of international trade and is a natural umbrella for dollars. No country is willing to over-reserve dollars. Of course, because of its international influence, the dollar can continue to be issued, and the world can develop its own financial system under the banner of the dollar.