Not if government intervenes, but it's not easy and most likely will be a big one. BRICS is trying to decouple from the dollar because of this. Lying about the jobs numbers and then also forcing the fed has lost a lot of confidence in the dollar, which is what commodities are priced and traded in.
Keyensian economics is what we've come accustomed to because all countries have governments, at least if they are to be acknowledged (think about territories vs states)
The underlying problem is the dollar as the main reserve, and CB's are trying to rebalance their currency reserves, some including Bitcoin or other assets, even their own digital tokens.
At the end of the day, because it's all connected, governments will have to intervene, or millions will die or get into poverty. (I say millions will die because I'm from Africa and know how prudent the central bank needs to be with decision making)