@rvkennedy @immibis @pluralistic @funcrunch @kcoyle
False. The USD is used all over the world because people trust that it will have a STABLE value, at least in the near future.
And it has a stable value because it has a central bank (the Fed) with the mission and means to keep its value stable, minus the planned inflation.
Without guns.
In short, people trust the USD because they trust the Fed. Even those who do not know what the Fed does, or think it is the abode of the Devil.