After the Chinese President's remarks about the US dollar, will the greenback's value drop even further?

Of course the green back would drop further, it might not drop significantly in terms of the exchange rate against other currencies, it could drop in other ways as in inflation which is definitely happening right now. We have already seen everything getting more expensive over the past few months including oil, most precious metal, cotton and everything in grocery.... Unless the US has a balanced budget and its deficits stop expanding, the US$ will lose its value somehow because Americans are just using printed currency with no et backing.