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wmj's avatar

The dollar’s dominance is *not* the result of American military strength. Other countries don’t use the dollar because we bully them into it. They do it because it in their own interest. Period.

The US provides an open capital account of enormous size and liquidity, stable legal system, and a vast export market. None of those things are dependent on empire. In fact, insofar as “retaining a market for our exports” was traditionally the reason for empire, we are actually providing an anti-empire.

I find all your arguments here unconvincing but if there is one stupid idea I wish I could extirpate forever from the right wing commentariat it’s the economically illiterate “hurr durr King Dollar because air craft carriers!!” nonsense.

Marko's avatar
8mEdited

You're forgetting something, Scott. In America there are two empires: a RW one, and a LW one. The RW one gives us macho quips from Pete Hegseth and the LW one gives us BLM flags in Seoul. Both give us stupid wars thousands of miles away.

Furthermore, our LW and RW empires will accept migrants as much or more than "weak France" does. We just went through 25 years of a RW and then LW empire and we were not better off; quite the contrary. In little France's case, she is under no obligation to say "oui" to anyone, powerful or not. If the French people don't want foreigners, they will get none. Or else it really is war.

At this point in time, the French are simply too libtarded or worn out to say "non". Power is irrelevant. Will is what matters. Ask the Ancient Greeks or the Ottoman Greeks. Would you die for a cause, even if you were the weaker party? Of course you would. It could even be glorious. The Iranians are facing that now.

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