I agree that this is the position we have been brought to by feckless leadership, but why should individual countries have to fear us if they decide not to use the USD?
That makes it sound like the USA is a mafia bully .... use our dollar or something bad might happen to you on the way home from the market.
I see no reason why the world’s countries SHOULD HAVE TO use our dollars if it doesn’t make economic sense for them to do so.
Should we be threatening other countries over this?
If other countries aren’t forced to use our dollar, the liberals here won’t be able to sell as much debt to finance their social agendas.
If Russia and China succeed in dethroning the US Dollar as the #1 reserve currency your standard of living will drop by 50%. I suppose you don't mind this.