4 ms·
Zeroing trade deficits means by definition that the rest of the world won't have (many) US dollars. (Pedantically: it means the rest of the world has exactly a
by immibis 2y ago
Zeroing trade deficits means by definition that the rest of the world won't have (many) US dollars.
(Pedantically: it means the rest of the world has exactly as much US currency as the US has the rest of the world's currency)
- Jensson 2y agoNo, it could also mean that US have many foreign currencies stockpiled.
- whatshisface 2y agoThe trade deficit is a measure of the flow of currency, not the stores.