To: Former Proud Canadian
However, it is much easier to print dollars (or coin electrons) to pay for cheap foreign goods then to wring more production out of your own populationThis is the very threat trade deficits present; servicing US national debt, as interest rates rates rise, with a debased fiat currency, is a formula for disaster.
To: JonPreston
"This is the very threat trade deficits present; servicing US national debt, as interest rates rates rise, with a debased fiat currency, is a formula for disaster. "
Of course.
18 posted on
12/16/2016 5:50:34 AM PST by
Former Proud Canadian
(Gold and Silver are real money. Everything else is a derivative)
To: JonPreston
"This is the very threat trade deficits present; servicing US national debt, as interest rates rates rise, with a debased fiat currency, is a formula for disaster. "
Of course.
19 posted on
12/16/2016 5:50:50 AM PST by
Former Proud Canadian
(Gold and Silver are real money. Everything else is a derivative)
To: JonPreston
This is the very threat trade deficits present; servicing US national debtWhy would you confuse the national debt with the trade deficit?
FYI, financing the national debt is easier when foreigners have tons of dollars they want to safely invest.
20 posted on
12/16/2016 6:20:29 AM PST by
Toddsterpatriot
("Telling the government to lower trade barriers to zero...is government interference" central_va)
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