The US is also in the unfortunate position where it has to inject liquidity precisely because the globe demands dollars. Not doing so causes recession as banks

The US is also in the unfortunate position where it has to inject liquidity precisely because the globe demands dollars. Not doing so causes recession as banks and others are reluctant to release their dollars for use. Frankly I think from an economic standpoint we’d be better off not being the reserve currency. Note that there are other reserve currencies such as the Pound, Euro, and Yen. A reserve currency is simply what banks tend to hold in reserve. Most large international banks will hold multiple reserve currencies. The USD is just the one that’s in the most demand.