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That's thanks to the legacy of Bretton Woods and other things like the petrodollar. It's not a result of our monetary policy or output. The US is good at war an
by derangedHorse 1y ago
That's thanks to the legacy of Bretton Woods and other things like the petrodollar. It's not a result of our monetary policy or output. The US is good at war and has the benefit of convenient geography. Those are the things that hold up the hegemony we see today.