But in fact it’s not Mr. and Mrs. J6P who benefit by the “integrity” of the dollar.
It’s the beltway and wall street folks.
If the dollar were to completely collapse, my bet would be that withing a month or two, new models of trade would happen.
Some would die, fortunes would collapse, but the urge to survive and work would rule.
If you are talking about the final stage of financial meltdown, it is true that safeguarding dollar’s value matters little. I was addressing the problems in the interim.