Profligate spending and our overuse and abuse of Sanctions are causing even our friends to be considering non-dollar alternatives with trading partners into the future. The Saudis are in negotiations to accept the Chinese Yuan in payment for oil which would officially end their long standing agreement with the US that only the dollar would be accepted for oil purchases. If and when that happens (and it almost certainly will prabably soon) it will mark the beginning of the end of Dollar Hegemony and the so called 'Exorbitant Privilege' we have enjoyed for decades. What that means to you and me is that we will be paying more (perhaps much more) for almost everything imported into our Country.
Link: https://www.zerohedge.com/geopolitical/five-warning-signs-end-dollar-hegemony-near-heres-what-happens-next