Trust is being repriced in real time

What a time to be alive. The world is currently witnessing the global markets reprice trust in real time. Trust is a key ingredient in stable and peaceful economic activity. When trust is loss it leads to increased friction in economic activity. When the United States decides to freeze and seize money held in reserve accounts by countries they do not like it makes it so those countries cannot trust the United States to custody their money. Even worse, it allows doubt to begin to creep into the minds of other countries who are looking on from the sidelines. "If they can do that to them, they can do it to us. What's stopping them from doing it to us?"