Comment

Comment by psychlops

Consider that this is the point of all the machinations. The US having the reserve currency is a liability in many ways and the direct reason why it's a consumer not producer economy.

Losing reserve status will be damaging to some parts of the american economy and create a boom in others.

Take a look at what current tariffs are across the world. The US isn't necessarily bullying as equalizing.

parent psychlops 1 year ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton