No. While America had a role is moving industrial output from America to china, China's R&D and manufacturing capacity outways the the West's immeasurably. This threatens the west.
This is why bankers are talking about moving industry from China to India. For example, apple seeks to move iPhone manufacturing from China to the Indians. China is now uncontrollable. China enslaves muslims in Xianjian. It removed jewish religion rom list of official religions and has banned freemasonry. It is gainst mass immigration and various international treaties. I can only think of one country that has done that and it was destroyed within a decade.
As for American dollar reserves, that does not matter. As china is homogenous it can value it's worth in terms of Labor not banker currencies. Exchange can be made with its human capital (Labor) not it's usd. However, if china does that like one other country did so many years ago, then it's fate will be sealed.
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Mmm... p/12D3KooWMa4H7iQNA3dkv6ARGCmUscD2cfkfTR8MnEnPMM7Nz2f3/c/QmSkQoWMR5KhLN12fqUQbEEagBhWWVU4LVsPrJbnYqktGR
Yet america and China did the 2020 plandemic hand in hand. Perfect coordination.
About the Reich's federal bank, it always amaze me how when Nixon ended Convertibility of U.S. Dollars to Gold in 1971, thus starting an era of money printing and inflation, it was considered a treason by many sovereignists.
However, Hitler did basically the same with the Reichsbank, but he is hailed as a genius.
Quote from The Banking System in the Nazi Military and War Economy:
"There were thus no legal limits whatsoever to the powers of credit creation of the Reichsbank. It could go so far as to issue currency for the purchase of commercial and Treasury bills and securities, and then treat the bills and securities as cover against the notes with which they had been bought; and there was no limit to its doing so. Nor was there any limit to the amount of working credit that could be granted to the Reich, or to the amount of Treasury bills that could be purchased. "The maximum amount will be determined by the Führer and Chancellor of the Reich," said the Act. As for gold and foreign exchange, their function was completely changed inasmuch as they no longer acted as legal reserves. They could still be "admitted as note cover in addition to the cover mentioned above" and the Reichsbank was to keep its holdings "at such a level as it deemed necessary in order to settle balances with foreign Countries and maintain the value of the currency."
Indeed, the third Reich was ahead of it's time in terms of money creation.