Should the Lat be the world reserve currency!

I watched an excellent BBC programme on the world economy this evening. It featured American Robert Mundell, one of the leading monetary economists in the world. He was highlighting the danger of the world reserve currency being the dollar and advocating change. The fact that the Chinese are currently holding 3 TRILLION US dollars I found to be a pretty persuasive argument. If the USA goes so does China, and probably the rest of us too. That means planting even more potatoes in Mazsalaca.

So the Lat seems to me to be a good alternative. My reasons are as follows:

1. Despite the crisis and Latvia going downhill faster than a 4 man bob, the currency has held its (false) value rather well.

2. It has solid IMF backing.

3. There are more than enough trees in Latvia to make all the paper.

4. Being located in the centre of the known world (the EU), Latvia has super transit links all over the place, including a railway line to China to carry all that 3 Trillion dollars worth of Lats

5. It is already the reserve currency for Sweden.

6. The Lat has pretty colours.

To add to the fun, apparently the Godmanis government and National Bank governor acted unconstitutionally when asking for IMF and EU support by not getting the agreement first of Parliament. So the whole support package and subsequent budgetary change is illegal. Will they go to prison?