The US Dollar's trajectory mirrors the #fiveStagesOfDecline: Hubris born of success, undisciplined pursuit of more, denial of risk and peril, grasping for salvation, and capitulation to irrelevance or death. Initially mighty, it became complacent, printing money recklessly and ignoring warning signs.
Denial persisted despite mounting debt and global challenges. Attempts to salvage its value through interventions falter as confidence erodes. Ultimately, it faces the risk of losing its status as the world's reserve currency, succumbing to irrelevance unless substantive reforms are undertaken to address its vulnerabilities.