[dude01]

Thanks for the detailed response. I'm hoping that the downward trend in the Global Leadership Approval chart that started in 2016 will reverse itself after the US political situation changes this year (fingers crossed!). If not, well then yes I guess the US dollar would be going down.

Of course, all good things come to an end eventually, and the US dollar hegemony really started after WW2. Crazy to think that a Soviet spy/asset (Harry Dexter White) helped setup the Bretton Woods accord which positioned the US dollar as the strongest in the world [0].

[0] "How a Soviet spy outmaneuvered John Maynard Keynes to ensure U.S. financial dominance" https://www.washingtonpost.com/news/wonk/wp/2013/03/14/how-a...