US President Donald Trump has said he may impose trade tariffs on countries that do not support his plans to take over Greenland.
“I may put a tariff on countries if they don’t go along with Greenland, because we need Greenland for national security,” Mr Trump said at the White House.
USD counts for about 58% of global currency reserves. That’s the largest by far to be sure, but far from the only relevant one, and the ratio has been steadily trending downwards (though interestingly, it hasn’t been the euro it lost ground to).
Indeed it has been going down but the trend puts the rate at losing its status turn of the next century. So for all intents and purposes blowing up the currency would have negative ripple effects economists would want to avoid.