Isn't the value of the dollar directly dependant upon the price of oil; hence the birth of the term "petrodollar".
The Danish currency is the Kroner so shouldnt these sentences be speaking about kroner
The course was made when the US were still the leader of the world. Old times... :-)
More miseducation here in this course The US dollar (USD) is a reserve currency, dollar per se does not denote US, though. There is Canadian, Hong Kong, Singapore and many other dollar currencies. Independent is the inapprpriate expression for the USD not being pegged.