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km3rtoday at 3:45 PM1 replyview on HN

It's benefiting from the globalized market without freely competing in it. It gives them a massive edge in many industries and the world couldn't say no because of cheap manufacturing.

And certainly hostile when you add currency manipulation onto it as well.


Replies

joe_mambatoday at 6:02 PM

>It's benefiting from the globalized market without freely competing in it.

Ha, very rich criticism considering the US economy and stock market has been benefiting 1000x more from said "globalized market without freely competing in it", by printing money and exporting its inflation across the world with dampened consequences domestically, then using said printed money like liquid gold to buy valuable assets around the world (like real estate and innovative companies) thanks to its status as a reserve currency (something Charles De Gaulle complained about since the 1950s), a unique US cheat code enforced thought force via its massive military.

>And certainly hostile when you add currency manipulation onto it as well.

Again, very rich criticism considering the US's abusing its status as the reserve currency for its own benefit, see above.