My understanding is that it is mostly dependant upon our status as the world's reserve currency or petro dollar.

Once we no longer hold either status, the printers can no longer print indefinitely.

Petro dollar - No country would need to hold dollars to buy oil from the Saudis or most oil producing countries.

Reserve currency - trading between countries usually happen in $$ due to it's stability.

If we lost that status, we would lose the exorbitant privilege that goes will it and move beyond hyperinflation and into Weimar republic territory.

Too many dollars chasing too few goods.

This brings American hegemony, BRICS, and geopolitics into focus and on a collision course.

Edited for clarification.

My understanding is that it is mostly dependant upon our status as the world's reserve currency or petro dollar.

Once we no longer hold either status, the printers can no longer print indefinitely.

Petro dollar - No country would need to hold dollars to buy oil from the Saudis.

Reserve currency - trading between countries usually happen in $$ due to it's stability.

If we lost that status, we would lose the exorbitant privilege that goes will it and move beyond hyperinflation and into Weimar republic territory.

Too many dollars chasing too few goods.

This brings American hegemony, BRICS, and geopolitics into focus and on a collision course.

Edited for clarification.

My understanding is that it is mostly dependant upon our status as the world's reserve currency or petro dollar.

Once we no longer hold that status, the printers can no longer print indefinitely. No country would need to hold dollars to buy oil from the Saudis. We move beyond hyperinflation and into Weimar republic territory.

Too many dollars chasing too few goods.

This brings American hegemony, BRICS, and geopolitics into focus and on a collision course.