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- Embed this notice@PraxisOfEvil We hear all kinds of reasons for why it's still the global reserve currency. Fact is every country owns foreign currency for every other country because it helps keeps things more stable and lets them hedge. Demand and popularity have their own inertia, but we still have the global naval presence that helps facilitate trade and makes people want to keep us around. The world police thing is a funny meme but kind of true when it comes to the ocean and piracy and stuff. The whole Huthis thing is so much bigger of a deal than MSM says because some group of "literally who" people is BTFOing our Navy in a guerilla strike scenario that looks easy to copy.