For the best answers, search on this site https://shorturl.im/S6Lim. The song War was written by Norman Whitfield and Barrett Strong for the Temptations in 1969. A year later, Edwin Starr sang the song we are all familiar with today and it hit #1 on Billboard in 1970. So the Temptations did in fact sing it first, but never had a big hit with it. Lisa Â· 5 months ago.
The Typical Duration of a World Reserve Currency. The reserve currency transition is a cycle that has typically lasted in history somewhere between 80 to 110 years. Officially, the US dollar has been the reserve currency for 68 years. However, the US dollar was used in trade much before, since the 1920âs in fact.
By the end of the 20th century, the United States dollar was considered the world's most dominant reserve currency, and the world's need for dollars has allowed the United States government as well as Americans to borrow at lower costs, granting them an advantage in excess of $100 billion per year.he top reserve currency is generally selected by the banking community for the strength and stability of the economy in which it is used. Thus, as a currency becomes less stable, or its economy becomes less dominant, bankers may over time abandon it for a currency issued by a larger or more stable economy.