My refrain: A stronger dollar is key to taming the inflation outbreak that has so disrupted much of Asia and other parts of the globe in the last year as commodity prices took off.
Transactions and gross dollar volumes are key parameters for MasterCard and Visa and both companies charge their banking clients on the basis of these metrics.
Such a system would provide a stable and secure international monetary system by defining each of the key currencies, specifically the dollar, euro, pound, yen and yuan, respectively, as a unit weight of gold.