I heard that when some country wants to pay in a different currency than USD for oil, a coup suddenly happens, or a helicopter comes and the president gets kidnapped
I heard that when some country wants to pay in a different currency than USD for oil, a coup suddenly happens, or a helicopter comes and the president gets kidnapped
The US dollar being the global reserve currency makes exports more expensive though.
It basically means most of the world's currency wealth is held in the USA or backed by the USA. So the answer would be the finance sector - it's subsidized by the rest of the world.