Originally Posted by Lenny2

I think all of these threads lately about the dollar are more about America hating and ppl who get paid by their sponsors in dollars and have to convert them to euros taking a financial hit.

There is nothing fundamentally wrong with the U.S. economy. China would be hurt as bad or worse if our dollar totally collapsed (not only do they hold 1 trillion in U.S. treasuries but their currency is pegged to ours, when ours drops so does theirs)

The value of the dollar has dropped compared to other currencies, but inflation here in the USA is very benign. Americans haven't lost any purchasing power at home.
If the dollar's drop was due to inflation domestically, then that could be problematic. The fluctuations between the dollar and other currencies are just that, fluctuations.
The U.S. remains the only industrialized nation that has never defaulted on their currency or debt obligations in it's history. For that reason alone it will remain the reserve currency of choice for many more decades.

Remember the reason for a currency being considered "safe" is the stability of the economy and of the government that issues the currency. The U.S. is still way way way ahead of the EU on both fronts.