"At which point I thought, “Here we go; yet another commentator calling for the demise of the US dollar; just like the many others have been doing in vain for the past 2 or 3 decades.”"
Amazingly I seem to agree with you on something. But maybe for different reasons.
Billions of $US transactions occur every second of every day. Some buyouts and takeovers alone are in the hundreds of billions.
Nothing will replace the US dollar simply because there is not enough of any other currency in existence to replace it .
