alt Hacker NewsThis is painfully naive.
Simple, obvious contradiction: can every country enjoy the benefits of issuing the de facto reserve currency for the world? Just by having free markets?
The US has been incredibly privileged. I’d argue that was earned in some ways and lucky in others. But it’s undeniably true.
> The US has been incredibly privileged.
Free markets are a choice the US made. Any country can choose to have a free market, and some have. The reserve currency thing has nothing to do with it.