Central bank of Europe, central bank of Japan, Fed of America, they printed huge amount of money. But one country printed more than their sum. That country's name is China.
Fed hikes rate, thus dollar goes back to America. Then dollar becomes shortage worldwide. THat is one big reason countries seach for alternative, it is not because people don't want dollar.
reserve money must be trustable, predictable and safe, with strong backup from economic scal and military strength. Overall, dollar is still the only reliable choice.
