Trump highlighted the possibility of the US dollar losing its reserve currency status

Donald Trump has highlighted the possibility of the US dollar losing its world reserve currency status.

J.R. MacLeod says it is impossible for Trump to stop the process of de-dollarization.

He says the US should manage the dollar more competently, not weaponizing it over conflicts where a nation perceives its interests are at stake.

The longer the system lasts, the more rot sets in, and the worse the eventual collapse will be.

Trying to reform and reinforce the status of the dollar as global reserve currency will never achieve these goals, says J.R. MacLeod .

Any future U.S. administration should create a plan to manage the transition away from the.

fiat dollar.

towards a national policy of a 100 percent gold-backed dollar, he says.