We could do it quite easily. However, the rest of the world would likely drop the US Dollar like a Ruble, almost instantly losing its reserve currency status as

We could do it quite easily. However, the rest of the world would likely drop the US Dollar like a Ruble, almost instantly losing its reserve currency status as a result. We here in the US would lose about 75% of our standard of living. The way Trump is going I'm fairly certain it's going to happen before he's done regardless.