Hacker News new | past | comments | ask | show | jobs | submit login

Edit: You may have misread. I said US /monetary/ dominance not military. Nonetheless, there is a thesis that military dominance dictates monetary dominance, which I do not subscribe to. Below is why.

The idea that the US can use its military to reassert financial dominance in the modern age is silly especially after having exported near all manufacturing capacity to China.

US aircraft carriers are worthless in the pacific. They haven't accomplished anything significant in the South China Sea. Hell, even more aggressive annexations like that of Crimea were never blocked.

Modern warefare is no longer physicial. It's economic and online. If anything the information economy in the US and the West are more at risk from espionage, information manipulation and other attacks given the value of the intellectual assets are far greater and that China has a vice grip on communications. Additionally, our supply chain is incredibly dependent on the East. As local demand picks up and the region can afford to be less dependent on the US, they can afford to cut off supply chains with mild consequences compared to what the US would face.

Good luck with your guns.




Arguably, US military has been successful so far in keeping the world's oil priced in USD. But yes, the world is changing.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: