I don't begrudge the international community the desire to bring a more equal representative currency. But, our president needs to make clear what a shift means.
Upon the establishment of a new reserve currency, the U.S. should dramatically call home the vast majority of our military. Japan, Soth Korea and China can contain North Korea and the E.U./Russia can figure out how to contain Iran's missiles that can after this week now reach Athens, Rome, and Moscow.