News for hackers. Stuff that matters.

A comment on Ask HN: What was your most humbling learning moment?. Parent comment

Re:Ask HN: What was your most humbling learning moment? by VBprogrammer on Monday June 03, 2024 @05:49AM (#40560967)
I'm sure there are many things which make this such an unfair comparison that it's not worth making. If there was a firehose of money spraying all over Austria as a result of being the worlds reserve currency I'm sure the shoe would be on the other foot.
[ Parent | on HN ]
Re:Ask HN: What was your most humbling learning moment? by throwaway2037 on Tuesday June 04, 2024 @12:06AM (#40570588)
Plus primary spoken language (Austrian-style German) and size of domestic market explains a lot.
[ Parent | on HN ]
Re:Ask HN: What was your most humbling learning moment? by FredPret on Tuesday June 04, 2024 @10:19PM (#40580810)
What is the mechanism by which being the reserve currency sprays a firehose of money into the US?

Keep in mind that being the major economy also carries costs - the US spends many times as much as other countries on its military and has no realistic path towards spending less.

And either way, their economy has been wildly succesful since the 1800’s.

[ Parent | on HN ]