alt Hacker News> 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.
> 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.
Your position that the country controlling the de facto global reserve currency isn't in a privileged economic position is very hard to understand.
What would you say is the economic impact on a country of controlling a global reserve currency?