It probably will if this happens, especially here in the collapsing GAE. There is always that one little straw that finally breaks the camel’s back. Some very big and heavy straws have been piled onto the camel lately, so there is a better than average chance of this being the last and most destructive one, especially if it’s applied universally to rich, middle class, and poor alike.
This is yet another argument for returning to specie currency based on gold or other precious metals, something to which the BRICS/SOA alliance should give serious consideration. This would end the U.S. dollar’s reign as the global reserve currency (there would no longer be any need for a “global reserve currency”) and thus end the GAE’s stranglehold on the global money supply that enables it to bully the rest of the world into serving as its tax collection thralls. .