The US has worked to prevent this. I remember as a kid in the middle east (a time/place where everything was in cash) seeing commercials from the US that said, in effect: "We are printing new 100$ bills. The old ones will be good _forever_. Don't fall for scams selling new bills for old."
Even at the time I thought those commercials came from a good place. Being a world currency sometimes going the extra mile to protect not just its value or exchange rate, but the reputation of its physical manifestation.
Were those commercials aired by the US in Arabic / Farsi / whatever local language, for the benefit of the local populace? Or were they in English, aimed at Americans?
Back when the sterling actually meant something this could never happen. The world’s reserve currency must never be questionable. But WW2 broke England’s back, although they were only called on it by Soros much later.
Even at the time I thought those commercials came from a good place. Being a world currency sometimes going the extra mile to protect not just its value or exchange rate, but the reputation of its physical manifestation.
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