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To: Captain Peter Blood

>>>A trade deficit is bad

In my house we love being able to buy stuff cheaper. We’re able to do more with our money, and able to make our business more profitable.

>>>it is an outflow of wealth from this country.

Outflow of dollars that has to be spent... in this country. We get lots of stuff, they get dollars, the dollars come back.


20 posted on 03/07/2016 9:18:12 AM PST by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: D-fendr

“We get lots of stuff, they get dollars, the dollars come back.”

...to the federal government, to grow the federal government.


33 posted on 03/07/2016 9:24:16 AM PST by JPJones
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To: D-fendr
We get lots of stuff, they get dollars, the dollars come back.

A lot of them don't, which suits the Fed just fine. If they did, we'd have a god-awful inflation problem.

74 posted on 03/07/2016 11:05:09 AM PST by Carry_Okie (The tree of liberty needs a rope.)
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