Settlement in a non reserve currency sets a precedence for other countries to follow the suit (for example Russia, China and India) to settle using their own cu

Settlement in a non reserve currency sets a precedence for other countries to follow the suit (for example Russia, China and India) to settle using their own currencies and therefore threatens USD monopoly. For example China is already doing the same thing with Iran outside the SWIFT system. Without foreigners buying US treasuries to fund the ever increasing US sovereign debt, the US treasury will increasingly have to rely on Federal Reserve monetizing their social security and other deficits and eventually prompting a collapse of USD as a reserve currency and runaway inflation since that will make USD worthless at its face value. I would argue this will happen someday regardless but this just makes it happen sooner. Especially at a time when debt is exploding, printer is still on, and GDP isn’t exactly growing. I think Germany opposed the reality of Ukraine being in NATO because they understood the reality that this pisses off Russia, their large natural gas provider which benefits no one at this point especially in a world where US sphere of influence isn’t exactly as big as it used to be. Just look at how it all panned out in Afghanistan and Yemen.