>>Given that the US Dollar is the world’s reserve currency<<
I suspect...not for long.
I agree
With real inflation running at 15% plus.
The world will drop dollars as soon as anything better comes along.
One thing keeping the dollar alive is the requirement that petroleum be paid for in US Dollars.
The last world leader that tried to shift a payment for oil away from dollars to gold was Muammar Kaddafi. You might remember that he did not come to a good end.