No Big deal, just the normal way it is going. We are seeing more and more settlements in RMB and Rouble already. We will see goods transactions more and more in local currencies, with the USD being instead the standard US debt denomination. So onward we go through stages to a multi currency reserve basket. Nothing to get worked up about, just the way the world is evolving. Everyone will go this way. additionally diversifying their reserves as a second stage into an even wider basket of currencies. Nothing abrupt is going to happen, the transition will be managed for the benefit of everyone who currently has large dollar holdings. It is a soft landing strategy. The US will need to step up a gear in the end to be able to purchase imports whilst maintaining sufficient value in the dollar. But that's a problem for them to solve. Let's pump it up! the Rouble and RMB of course! or maybe Gas and Oil!

Excellent idea, Dump the dollar and go with the Rouble

It is probably not in the average American citizen's best interest to have the American dollar used like a world currency. It does benefit the world billionaires and rich bankers who pretty much run the world. Nothing in the United States constitution allows the exploitation of America"s monetary system. This is a problem that America must face and solve without causing a dangerous world depression. If political courage and the will of the people are not behind Federal Reserve changes to correct this, America and the rest of the world will suffer until changes are forced upon the fed at a later time. The financial rat hole gets bigger and deeper every day, yet American politicians {office holders} continue to pour trillions of dollars down the rat hole.