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by jamesaurichs 1019 days ago
Note that this OP probably has some agenda against dollar, being that in another comment before https://news.ycombinator.com/item?id=37046128#37047171 they said

"Yeah, for example China's position of overwhelming strength vs. weak little USoA meant that China's wages have risen by an order of magnitude and their technology catapulted into the present century, building them in to the world's largest economy."

Just a subtle subterfuge against dollar if I had to guess

1 comments

1. That post had nothing to do with the US dollar, and you're quoting it without context which is a mistake. It is a heavily sarcastic reply to someone saying that "Every trading relationship will favour the stronger side" - which is obviously a silly thing to focus on. The US-China relationship has been a series of massive wins for China. It is a better view to say "well executed free trade with a stronger partner has huge, society reshaping upsides for the weaker one. Trade should be encouraged".

In fact, I live in Australia. So when that poster said "Australia in particular has been subject to unprecedented economic coercion and manipulation by China. It's not pretty." they were completely wrong. Australia suffers far more from our own policies than from anything China could do to us short of military action.

2. I just made a top-level comment saying "don't buy the dollar". You don't need to analyse my comment history to figure out where I stand on the dollar. Or you could just ask - I think it is a a dog of an asset and managed by incompetent bureaucrats who do a lot of harm to their own society.