What if the USA had a "normal" currency?

The vast majority of us in the USA don't appreciate what has been described as the exorbitant privilege that we have in the world. 

In fact, most of us don't even understand what a reserve currency is, or enough about economics to know what a reserve is. 

Well, I reserve in layman's terms is simply a savings. And they countries Reserve is how they save, not always for a rainy day sometimes for regular trade. 

Anyways, after World War ii, the US was pretty much the only country in the world with productive resources that hadn't been bombed away. We took over the world main manufacturing and so had a hand in rebuilding.... But even more importantly, in Bretton Woods New Hampshire just before World War II completed, the world's governments came together and created a new monetary system where the US dollar was at the core, and since the US at that point held most of the world's gold, all other currencies were pegged at a rate to the USD.

Within short order, the US dollar took over as the world Reserve currency from the English pound that had held the role. Because the USA was the world's factory, everybody needed dollars to buy our goods. 

It's a long transition story from there to now which I don't have enough room here to go over. But it's a story that's been told over and over again, and here we are now more than likely losing that exorbitant privilege because our country is not only suffering from a tremendous debt that we've accumulated, but we don't have at this point a path to financial stability..... Which I define as something like a balanced budget and the ability to pay off our debt. (The country's yearly deficits have been rising steadily for decades) 

The point of this post is simply that if we should become what would be a normal country, we could very easily suffer from high inflation, and perhaps even hyperinflation which a number of other countries have.... Below is the story of Argentina which is one of those who has recently. (We must never forget the hyperinflation in Germany after World War 1) 

The story of the Argentine monetary nightmare:

https://www.facebook.com/share/v/1DnVEG48DE/