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Why is a trade deficit a bad thing?
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WYDave
Posted 2/1/2017 12:26 (#5809437 - in reply to #5808132)
Subject: RE: Why is a trade deficit a bad thing?


Wyoming

You'd see the prices of tangible commodities (oil, metals, grains, etc - ie, stuff other than little slips of paper) go upwards rapidly, as the dollar devaluates because a larger number of countries and trading entities no longer need to hold or use dollars. Ergo, the demand for dollars goes down, and so does its value.

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