To what extent was US policy towards Latin America dominated by “Dollar Diplomacy” between 1880 and 1929?

Candidates will consider the merits or otherwise of the concept that Dollar Diplomacy was a dominant influence on US policy toward Latin America during the given period. While “Dollar Diplomacy” is most often associated with President Taft, the use of diplomacy and power to promote US commercial interests is associated with most administrations of this era, especially in respect to policy toward Latin America. Candidates may cite President Roosevelt’s “Big Stick” policies associated with the Panama Canal intervention and President Taft’s use of loans, bonds, banking and customhouses to expand commercial control in the Americas. While President Wilson asserted a less interventionist relationship based on moral principles, his administration also exhibited close ties to US industrialists and engaged in military interventions. Other administrations may provide relevant examples as well.