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WalterBrightyesterday at 3:25 AM1 replyview on HN

The US was the most prosperous country in the world in the mid 20th century. It was also the free'est market in the world at the time.


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TeaBrainyesterday at 3:51 AM

Once again, regardless of how free the US market was in the mid-20th century, this is not the most unique privilege about the US today, as you put it in your previous comment. Any country could institute the same market regulations and degrees of freedom as the US, but only one country can have the position of having the dominant reserve currency and dominant trade currency.

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