Comment by jack_tripper
6 days ago
Military might is the thing keeping the USD the world reserve currency instead of the GBP, EUR or Yuan. It's literally the core keeping the US economy and prosperity.
And things don't have to be universal to be true, but just one leader/nation bombing or abusing the shit out of you is all you need to teach you this lesson, and waving the Geneva convention in their face won't help you.
The real world is harsh, unfair and unjust and pieces of paper named after European cities don't change that. A barrel in your hand pointed at them does. The ability to use force is the only thing in history that was guaranteed to change things in your favor.
>Military might is the thing keeping the USD the world reserve currency instead of the GBP, EUR or Yuan. It's literally the core keeping the US economy and prosperity.
No it's not. The size of the American economy, it's extensive trade, the independence of the Central Bank and the rule of law and commitment to paying debts do that. Americans do not force anyone to trade in USD.
>>Military might is the thing keeping the USD the world reserve currency instead of the GBP, EUR or Yuan. It's literally the core keeping the US economy and prosperity.
> No it's not. The size of the American economy, it's extensive trade, the independence of the Central Bank and the rule of law and commitment to paying debts do that. Americans do not force anyone to trade in USD.
The OP is correct, historically. US might, albeit aimed at anyone attempting to disrupt trade, WAS the basis for US hegemony. The US effectively policed the largest oceans, ensuring world trade was reliable and cost-stabilized since WW2. As long as you dealt in USD, you were supported. A type of soft influence that was very effective.
This has been disrupted recently. The US has declined to re-invest in the navy (ship construction has almost bottomed out), routed most of the navy to east asia, and antagonized other nations by disrupting agreements that could have sustained on momentum. This year's farming subsidy (to the tune of 12 billion) is due to those abandoned agreements, paired with unnecessary antagonism.
>The size of the American economy
And how did the American economy get to that size without the military protecting it from IDK, the USSR just taking it?
>As long as you dealt in USD, you were supported.
And what happened to you if you wanted to trade with the USSR? You're omitting that part
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That is naive, it is much more about the US hegemony and mainly about their military might. I would be good to sometimes reach such a state, but as of today it is not.