American families will be big losers if the world ditches the dollar. Here’s what’s at stake.

The U.S. dollar’s reserve currency status reflects both the world’s confidence that the U.S. is a reliable store of value and the 

position of the U.S. as a global superpower.

Americans enjoy a higher standard of living owing to the U.S. dollar keeping this undisputed status. But now that China challenges the U.S. as the preeminent global economic and military superpower, the dollar and its benefits for Americans are at risk.