No, No, No. It is exactly opposite. It is the rest of the world subsidizing the US. The dollar is the world currency. It means that if any other country in the world wants to buy energy (i.e. oil or natural gas), or to trade internationally, it can do that only and only in the US dollars. About 90% of all dollars in circulation, circulate outside of the US borders. Think about it for a second. Your "genius" central banker Ben Bernanke may print and print and print and who gets hit by inflation? China does. Europe does. Japan does. You get just 10% of it and 100% of its benefit. So, yeah, with the whole world subsidizing you any, each and every time that a barrel of oil is bought, or m3 of gas is bought, or international trading deal done -- you can waste as much as you want, bragging how great you are, sure. But I tell you this: given unlimited and unrestricted credit any nation could innovate and create google's, healthcare and military equipment it wanted. It is just function of free credit. Someone else pays your bills. Clowns like Trump can go bankrupt every second year (as he does!) and still get even more borrowed money from a bank overflowing with it from the FED that gets it with only 10% downside, exporting 90% of the cost.

There are no miracles in this world and US is not an exception. Wait and see world turning back on the dollar, and we'll have a level playing field. Then we'll see how much the USA is really worth. Without subsidies.