Liverpool will go into the clash high on confidence after winning their opening two Premier League fixtures, and passions are bound to be heightened ahead of Sunday's high-profile encounter.
But Young insisted the atmosphere at Anfield would have been electric regardless of results heading into the game.
"I don't think there has ever been a time when Manchester United have gone there and Liverpool haven't been up for it," said the England winger.
"You know what the rivalry is like between the two clubs. It will be a fiery atmosphere. But you want to play in the fiery games. It is what you dreamt about as a boy.
"We know what to expect. We will keep a cool head, let the fans have their rivalry and try to do our jobs in the right way."
There has been much speculation at Old Trafford over the last few weeks involving Wayne Rooney's future as well as the possible arrivals of Everton pair Leighton Baines and Marouane Fellaini.
But even if manager David Moyes fails to lure the Toffees duo, Young believes the "winning mentality" of the current United squad will see them contend for all major silverware this season.
"He has told us already that we are in four competitions and we want to win them all," said Young.
"When you come to a place like Manchester United, you want success. You look at the trophy cabinet and the history. You want a piece of that.
"Everybody is a winner here. You see that in training. No-one wants to lose. If you have that in training you take it on to the pitch. We want to retain the title that we won last season."
Liverpool's clash with Manchester United kicks-off Sky's Live Ford Super Sunday, with coverage starting at 12.30 on Sky Sports 1 HD and Sky 3D.