The USD as the world’s reserve currency has been a disaster for its citizens as it led to empire and the hollowing out of our industry. A service economy cannot be a superpower.m and that is where we find ourselves today. Without a reserve currency our reptile rulers could no longer afford to impoverish us and enrich themselves.
The USD losing its reserve status would lead to a catastrophic collapse in the US economy. It is what allows the US to spend money without raising taxes. The most important consequence of which would be the need to make drastic cuts to the US military, which is an inopportune to have to do so when China is on the rise and already has, in hull numbers, a larger navy than the US.