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I'm not quite sure what your point is. It seems to me that

Posted on: April 8, 2025 at 21:01:43 CT
JeffB MU
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if a nation's money is consistently being transferred from the citizens of one country to their trading partners for years, that the citizens of the country with the consistent deficit are on average going to be losing wealth relative to those trading partners, whether the deficit is due to manufacturing or to services or other non-tangible goods.

It is probably clearer when we're talking about a monetary system like the gold standard. Countries running deficits for years would find that their gold reserves were shrinking while those with a consistent trade surplus had consistently growing gold reserves, no?
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MESSAGE THREAD

     Ah, so you are TBone, explains a lot.(nm) - RayKinsella1922 SEC - 4/8 21:33:21
     In our case they are bad because the means of production - tigertix MU - 4/8 21:32:41
          boogeyman BS (nm) - Seagull MU - 4/8 21:42:03
               In what way(s) in your opinion? (nm) - JeffB MU - 4/8 22:04:35
     Not when you have the world reserve currency (nm) - Seagull MU - 4/8 21:10:03
          Exchanging real goods for Monopoly money.(nm) - TigerMatt STL - 4/8 21:19:55
               Exactly. They take money we print out of - Seagull MU - 4/8 21:28:56
                    On the other hand, it does have adverse effects upon our - JeffB MU - 4/8 21:49:41
                         You can't blame foreign countries for your own country's - Seagull MU - 4/8 21:53:02
                              That would be if all other things are equal... aka 'a level - JeffB MU - 4/8 21:59:23
                                   The US has 5% of the world's population - Seagull MU - 4/8 22:09:04
                                        That is one variable among many. Technology & machinery - JeffB MU - 4/8 22:12:28
     is caving and pausing tariffs bad?(nm) - Fire Marshall Bill STL - 4/8 20:38:35
          RE: is caving and pausing tariffs bad?(nm) - meatiger MU - 4/8 20:45:35
          no. every country should cave and pause all tariffs - Ferg MU - 4/8 20:40:31
               so Trump was spot on yesterday morning?(nm) - Fire Marshall Bill STL - 4/8 20:41:23
     Our current monetary system muddies the waters a lot. - JeffB MU - 4/8 20:36:37
          RE: Our current monetary system muddies the waters a lot. - meatiger MU - 4/8 20:44:43
               I'm not quite sure what your point is. It seems to me that - JeffB MU - 4/8 21:01:43
     no. Trade deficites are a sign of strong economy - Ferg MU - 4/8 20:33:48
     It is if you outsource too much affecting national security - TigerMatt STL - 4/8 20:26:50




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