Hacker News Reader

Comment by csantini | Hacker News Reader

So much American exceptionalism is just the Dollar exceptionalism.

Without the G7 piling up dollars, there is no American exceptionalism.

Dollar is the exception because the US is the exception (partially from luck, partially from its inherited geographical advantage), not the other way around.

At some point the US will lose the Dollar, and it will turn out that US productivity is just like everyone else's.

What do you mean? All the best companies the world have seen recently is in US though. Google, Apple, Nvidia to name a few. What am I missing in your argument?

They're implying that the US is exceptional due to its access to cheap credit, not due to some inherent superiority. Your comment listing off successful american companies seems to agree with him if anything. Maybe you misread the comment and got a little defensive?

Ahh. Makes sense. I did get defensive. Bit not sure why. I don't even live in US.

The US has a lot of other things going for it. Rule of law, enterprise, most of the biggest companies in tech, entertainment and the like.

> Rule of law

Are you being sarcastic?

No but I was thinking more of commercial law. I was quite impressed when I had money in ftx.com that the US got the money back and put SBF in jail promptly even though ftx.com wasn't a US company. I'm not sure any other countries would have done that. That sort of stuff matters to large investors.

That was then, as in it started several years ago.

You do know similar people to SBF have been pardoned by Tump, right? Not related to the money they gave him and his family, of course..

Reply on news.ycombinator.com