But “rude” does no mean “inaccurate.”
The truth is, reserve currency status has nothing to do with “the size and strength” of America’s post-industrial, service-oriented, bubble-driven, third-world-sh**hole economy. Nor does it have anything to do with the alleged safety of US Treasuries” which– next to the dollar– is the biggest Ponzi flim-flam of all time.
The real reason the dollar has remained the world’s premier currency is because of the cartelization of Central Banking. The Western Central Banks are a de facto monopoly run by a small cabal of inter-breeding bottom-feeders who coordinate and collude on monetary policy in order to preserve their maniacal death-grip on the financial markets and the global economy.
The reserve status of the U.S. dollar is coming to an end thanks to the geniuses who give us fraudulent elections, open borders, off-shoring of tens of thousands of American factories, plutocracy, and our unconstitutional Fedzilla catastrophe.
Who ever thought that the culmination of millennia of Western civilization would end in a vile, petty kleptocracy wholly dedicated to national destruction — and to the lie.
 “The War in Ukraine Marks the End of the American Century.” By Mike Whitney, The Unz Review, 6/7/22.
I know someone who asserts that the US Dollar is backed by the US Navy.
Bang-up (literally!)job our best and brightest (or so they would have us believe) have been doing in keeping the Navy strong and fearsome.