I'm only barely cognizant of how global dollarization helps keep the US economy strong :blob-no-thoughts: That is, I'm not really sure of how it directly benefits the domestic US economy. But since nations trade between each other in dollars, obviously there is a tremendous power advantage. But they all trade between each other using SWIFT. Is it really just a piece of software, and the US can just turn it off for specific nations / companies like we can with the GPS or something?

I get that the US dollar is also extremely stable over long periods of time, which makes it great for inter-nation trading. Sure, fine. But if SWIFT is the fulcrum around which this entire fucking machine turns, that seems like a massive point of failure to me. Am I missing something? If the BRICS start using CIPS or something, and start trading in literally any other currency, is that all it takes to pull a critical piece out of the Jenga tower of American supremacy?

I really feel like this is oversimplified in my mind. Can a comrade please explain?