inevitable and, in the end, not necessarily bad for the US that there may be other currencies other than USD to be available to facilitate trade. The contradic

inevitable and, in the end, not necessarily bad for the US that there may be other currencies other than USD to be available to facilitate trade. The contradiction of having one countries national currency as the de facto global reserve is the main reason why US consistently runs trade deficits with everyone else. The current system means that everyone else needs a trade surplus with the US in order to acquire USD, in order to do trade with someone else.