Fairly keen commentary, SerT, particularly Because - even if we have a rival to the dollar, if most of the assets/resources are traded in the dollar, no one will accept the rival currency. As well, dealing in a currency tied to the dollar, meaning the dollar controls its worth, is meaningless, pointless. Might as well use the dollar.
Above a couple spaces, what you said about gold standard (and silver use? -- or any other decreed/fiat currency), it appears to be a good point. It's a little confusing because your second half that sentence was its first half worded differently, a repetition. Mind clarifying what you said?
School's fine. Just don't let it get in the way of thinking. -Me
Study nature, not books. -Walton F. Dutton