So something like the dollar with such a huge power, why would it need to be under control?
Because there is such science that called Economics. It describes different aspects of the monetary policies of the government. Luckily those stupid people in the US government follow this established science. If you need to understand their logic and find an answer to your question then try to read some books.
No one including the government and especially the banks shouldn't have control over how much and how many dollars should be.
Sure. If you want to ruin the world economy asap.
Money is held by us all the citizens of the country. Hell it, all the people over the world. It is so decentralized that no person should even have more than 1% of the currency.
Comrade! It sounds like you are advicing to establish a crypto cummunism lol.
When I hold 50% of something I can kill it, I can ruin it, I can take it to the moon, I can do a lot of things.
Not only money but anything which has such a powerful influence on people should be decentralized and belong to the public equally.
Hmm. And why the US government did not deflate the USD to make it worth 100 EUR? For some reason everything works fine.
Sorry. That's one of the funniest things on this board. I just can't take it serious. You literally describing how US can get back to the stone age.