I have a great friend (who is also big precious metals guy) that I am often embroiled in heated debate with. He thinks that the dollar is king and will always be king. He think that the Elite has this shit on LOCK and that nothing anyone can ever do will ever change that. He believes that it is the might of the US military that will always back the US dollar.
You just cannot reason with people like this. Love this guy nonetheless, but I tell him that he is naive to think that economies can be manipulated indefinitely. Something has got to give and I believe that he will see it in our lifetime!
You're completely right. Anyone who deals in absolutes will one day face a reality check. Things change. The USA has enjoyed (and abused) it's status as the dominant world currency. But we can't control how the rest of the world treats the dollar, and if they start shying away from it, then the chickens will come home to roost...we do have a powerful military, but even so, we can't take on the whole world. We can only manipulate until the rest of the world gets fed up with it.