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Your farm has a trade deficit
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Kooiker
Posted 4/25/2025 08:28 (#11201811 - in reply to #11201511)
Subject: RE: Your farm has a trade deficit



SMH, the stupidity of this comparison drives me nuts.


A trade deficit with one supplier or one country isn't a problem.    Its the aggregate trade deficit that's the problem.     If you run an aggregate trade deficit (spend more than you take in) as a farmer, eventually you will go broke.     

The only reason the USA hasn't went broke running a $900 billion/year (aggregate) trade deficit is that the govt can create more money out of thin air.     Which just devalues (inflation) existing $'s.

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