"It's Bigger Than Losing Any War (Losing Dollar As the World's Reserve Currency).” - President Trump Couldn't agree more, but with this status came responsibility. But America abused this status to pressure foreign nations, and transfer wealth from the Middle Class to the Mega-Rich by printing tens of trillions of dollars and promoting a century of inflation. Since 1913 to cumulative rate of inflation is over 3,000%. $1 today buys 3.3¢ worth of goods/services it did in 1913.