[DuckFeathers]

Dollar is backed by the US military. A credible dedollarization threat will mean that the US will use it's military might to stop it in any way it can. Saddam tried it, Gaddafi tried it... Iran and Venezuala have been trying it and Russia, China and now some middle eastern superpowers have been toying with it.

So far, none of them have had any teeth and it is unlikely that it will happen anytime soon (not in the next 50-100 years).

[8note]

The dollar is also backed by everyone already having infrastructure set up to accept USD, and both the people to buy from, and the people to sell to already having USD, or wanting to get USD.

[imtringued]

And foreign debt in dollars.

[joseda-hg]

Venezuela has been trying... Well, maybe on paper, Citizens have been using USD as defacto national currency for a long while by now

[FormerBandmate]

Gaddafi was overthrown by his own people

[thegaulofthem]

Western countries armed rebels and denied Libyan military their own air space with a no-fly-zone. Hardly a lack of involvement…

[rat87]

sure but the Libyan people started the civil war and there is no evidence any of Gaddafi's crazy gold schemes had anything to do with the civil war (or later western intervention)

[sudosysgen]

With enough weapons, psyops, and funding, you can start a civil war anywhere. With overwhelming military force, you can make the civil war end in the way you want.

Consider that if the US was in Libya's relative standing, an external actor of such magnitude could easy have interfered to make Jan. 6 into the start of a civil war. If then you have a foreign country getting involved militarily, it can end however you want. This is true of basically any country in the world.

[DuckFeathers]

"We came, we saw, he died" - Hillary Clinton.

[seunosewa]

Why aren't US interests threatened by the Euro?

[rat87]

The parent comment is conspiratorial. The Iraq invasion was stupid and immoral but there's no evidence it had anything to do with currency plans. The Euro is indeed most likely to overtake the US dollar (although not anytime soon) but they are likely to remain close allies and the dollars status as a reserve currency isn't all upside anyways(it makes our exports less competitive)

[dukeyukey]

Because control of the Euro is split between lots of argumentative, economically-varying countries who are instinctively more interventionist than the US.

[RA_Fisher]

Who has higher inflation?

[imtringued]

The ones who "printed" less money.

[DuckFeathers]

The US interests own Euro with the help of NATO.