That monetary reform operation would effectively end the dollar’s role as the leading reserve currency, but first a major crisis is required to shock and prepare the citizens with mass media hype and institutional declarations for emergency or war authority.
Then write off most institutional debt, a debt jubilee can meet religious leaders’ expectations and be blessed as divinely inspired.
Heck, the international community of nations appear to already be on-board when you throw in some connection to linking or backing the currency reserves with gold bullion and continuing their system to print money in the interest of keeping a rotten system functioning.