Government deficit spending is necessary to make up for trade imbalances.
Otherwise, the Chinese, Japanese, Koreans and other foreigners would wind up with an ever-increasing percentage of the dollars.
Your “Free Market Economy (FME)” has been dependent on the continued creation of government fiat dollars for decades.
You’re talking about gov’t command and control economics which we’ve had for some time. C&C Econ simply doesn’t work.
You’re mixing up the way things are - circumstances that could change in an instant - with the unchangeable truths of the laws of economics with which the Free market complies.
All you’re sayin this is the way it is and it will always be this way.
I’m saying things can change by dismantling the gov’t beast.
You may say that will never happen.
But you’d be saying that in 1776 when a bunch of rag-tag colonists chose to fight it out with the greatest military power in the world...and won.
It takes faith in Divine Providence to acquire and sustain freedom. Otherwise gov’t oppression awaits.