(cont) One aspect to the dollar/SDR combo scenario is the potential for the CBDCs to throw a wrench into the paradigm. With numerous CBDCs in place for domestic use in most countries/regions of the world, what is to stop these CBDCs from being adopted for use in international trade transactions, thereby undermining the traditional role of the dollar? The dollar/SDR combo may be fine for the central bank role, but the dollar could still lose its position as the preeminent trade currency to the CBDCs, leading to a crumbling in demand for the dollar.
Also, a key advantage to the dollar reserve system is the ability to impose sanctions on countries, and also the threat of 'de-SWIFT-ing' a country (SWIFT = Society for Worldwide Interbank Financial Telecommunications system). This is viewed by globalists as the ultimate control mechanism (short of war) to keep wayward countries in line. So what will be the effect of CBDC's on the ability to impose sanctions and to 'De-Swift', I wonder?
