When the anti-American Soros spent $50 million creating the New York City-based Institute for New Economic Thinking(INET), he began a major move against the dollar. The billionaire who once crushed the British pound through currency trading openly declared his plans to “reform the currency system.” In the Machiavellian mind of Soros, the dollar needed to take a back seat and end its stint as the world reserve currency. “The dollar no longer enjoys the trust and confidence that it once did, yet no other currency can take its place,” he wrote in late 2009.