"The gold-exchange standard gave the U.S. the unique ability to print dollars that everyone else had to accept, even if it wasn't backed by physical gold."
From Jimmy Song's latest article.
It got me thinking again. How large a part did endless money printing and an" exuberant privelege" play in the US's success, compared to the normal narrative.
https://bitcoinmagazine.com/culture/fiat-money-has-broken-the-world