You can not simply “shift” billions of dollars from one currency to another.
As much as the rich people with billions want to get rid of the USD, the people willing to give GBP or Euro for USD don’t have to accept. Why would they want to be holding on to the USD if the others don’t?
They could be slowly doing it right now, but if the shit hits the fan, the exchange rate would jump.
You can not simply “shift” billions of dollars from one currency to another.
As much as the rich people with billions want to get rid of the USD, the people willing to give GBP or Euro for USD don’t have to accept. Why would they want to be holding on to the USD if the others don’t?
They could be slowly doing it right now, but if the shit hits the fan, the exchange rate would jump.