You really have to understand and look at the numbers, and also model the economics of what you're writing about, to get a sense of how wrong you are. May i suggest you start on this big quest by looking up how inflation gets imported and exported?
Not in a post, but here's a few books for you:
Seignorage on a global reserve currency: read "the global minotaur", the story of oil: read "Oil, Power, and War" by Matthieu Auzanneau, and for completeness: "The brothers" by Stephen Kinzer.
