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Comment by six_four_eight | Hacker News Reader

my understanding is that yes it is, you cant make shoes in the US, but the power that comes from pretty much all finance flowing through the American pipes is a good trade off.

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The USD as the world's reserve currency means, effectively, that other nations are lending the US money at the very low interest rates that Treasuries yield. Effectively, the US gets the best and biggest line of credit in the world, with which it had (until now) financed the most incredible expansion of industrial, financial and academic prowess the world has ever seen.

it also allows USA to export inflation to the entire world. Whole world will be experiencing inflation, thus, diluting the effect it has on the US population

You can get US made shoes, but they’re expensive. Made in USA New Balance pairs run $200, Red Wing boots are $350+, and Alden shoes and boots start at $700 and go up to $1,000.

> my understanding is that yes it is, you cant make shoes in the US

I love my US made RedWings and Aldens, just not cheap. :)

(and I’m not American)

Red wings and Rancourt & Company, here, plus Mexican and Spanish manufacturers (most search engines are terrible at surfacing these, you need to specify the country to find them) when I can’t find what I want in my price bracket in the US. Alden’s a bit rich for my blood.

Frankly, sneaker prices are getting so damn high that for the last couple years “expensive” leather shoes and boots from manufacturers that have resisted big price hikes have been looking more and more like a bargain…

> Frankly, sneaker prices are getting so damn high that for the last couple years “expensive” leather shoes and boots from manufacturers that have resisted big price hikes have been looking more and more like a bargain…

Red Wing in particular has only raised prices about 10% in the past 10 years.

Good quality comes with a price tag.

Indeed!

of course you can make shoes in the US. The problem is no one buys them because theyre not competitively priced.

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