Of course I don’ want my standard of living to drop. But what is the end game? FORCING other countries to use the USD?
How far would we go to enforce this?
Yes and yes!
Ask yourself what Putin would do in a similar situation
When it comes to world power as in geo-politics, if you cannot/will not wield power in your self interest there are other players who will be happy to do so, to take up the slack
All your libertarian notions are fine within our borders where rule of law is decent. Outside our borders they turn to self-destructive sh_t when it comes to engaging other nations in trade and commerce