The OP detracts from some very valid points by using gimmicky things (like U$A). Or maybe I am too old. That being said, the US does offer a deal (as in carrot

The OP detracts from some very valid points by using gimmicky things (like U$A). Or maybe I am too old. That being said, the US does offer a deal (as in carrot) along side its stick. They did raise interest rates at the expense of your average american in order to pay the shareholders (ie: the Saudis) and while the interest is low (if you consider real inflation), there isn't much of a good looking alternative in the world. Most of the "developing" world is literal garbage with no governance and the promising ones are over-subscribed. On the US not producing stuff: This was one of the costs of being the reserve currency; and it's a big cost. And this is in my opinion why China doesn't want the CNY to become a reserve currency.