this post was submitted on 07 Jan 2026
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United States | News & Politics
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The US dollar is backed by American consumerism. The main reason to keep dollars in reserve is to be able to trade with the US.
The biggest threat to the US dollar is the rapidly expanding wealth gap. If Americans can't afford to consume, there is no real reason to keep dollars in reserve.
No the US dollar is backed by the US sanctioning and murdering those who refuse to use it as reserve currency. https://iai.tv/articles/why-they-killed-gaddafi-auid-1757
You aren't wrong about those actions but it overestimates the importance of "might makes right" and seriously underestimates the importance of soft power. The meme you shared commits the same fallacy, as is the current US administration.
The US starts with soft power and sanctions to collectively punish the population. Then if the US backed color revolution fails it resorts to hard power.