[mlinhares]

It has everything to do with the actual currency, if people weren't buying dollars at the rate they do to do commerce the US could never run the debt it does, it would have crushed any other country.

It also means Americans get to buy stuff from all over the world cheaper than anyone else, the moment this goes away inflation for imported goods will eat into people's salaries, there will be less investment as it will be risky to invest in a country in a debt crisis and folks will find out what it is like to live in Argentina for the past few decades.

The quality of life loss in the country if this happens will likely get people to stop talking about the great depression.