re your “you don’t know how Europe is surviving the massive inflation, along with all the other countries that need dollars for transactions.”
And USA too. Seems like they just print money and hand it out where its needed. They got a lot of practice during Covid. But sooner or later “they won’t be able to get away with it anymore”. I also think the local US gov’t underestimates the where with all of a big part of the population, the underground economy. So their inflation fighting hurts the wrong people, collateral damage.