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> And on balance we experience trade deficits. For years we've been exporting our inflation to other countries for actual physical goods and they keep buying i
by UncleEntity 9y ago
> And on balance we experience trade deficits.
For years we've been exporting our inflation to other countries for actual physical goods and they keep buying it under the auspices of "reserve currency".
How many trillions of dollars of US debt does China own these days which they happily exchanged to fuel our consumerism?