And what does military intervention and whatnot have to do with it? US companies can by TVs produced thru near slave labor (we shouldn’t), and sell them to americans either way.
I’m not saying it’s right, but our standard of living (the prices we pay for things, the performance of our markets, etc.) depends upon our military power.
Also, the only reason we can spend on a deficit is because of our military might.
Anyone who wants to drastically slash our military and wall ourselves off from the world better not bitch when you cannot afford new cars and homes, and can’t retire before 70. Again, I’m not saying those things are required for a happy life, but I think loads of people on the left and libertarians are naive.
Most people can’t afford new cars or retire before 70 as it is my man. No one is suggesting walling the US off from the world. Buying and selling would be just fine without a massive worldwide military apparatus.
To answer the question, I think we need more info on how much trade prices (and tariffs) are impacted by our military protection or threat. Do we get better deals because we prevent piracy and quash rebellions against our favored provider of goods?
How much of our prices on shipping are inflicted by our military might? Do we get better prices?
If the above influenced prices and demand for goods purchased in dollars, and/or harmed our export ability, then would happen to the dollar if we had a 5% or 10% or 20% drop in global demand for dollars?
I suppose over time if the dollar was weak we’d build up our own manufacturing, but that might take a good chunk of years.