To: rdb3
Agreed. Let's put this archaic concept on the old ash-heap right next to mercatilism and protectionism.
2 posted on
12/04/2004 12:05:11 PM PST by
sinanju
To: sinanju
---while I don't claim to be an expert on international finance, "trade deficits" were an issue when I was in high school in the '50's and have apparently been largely negative ever since--
To: sinanju
The real reason we have a weak dollar policy is so that Greenspan can keep interest rates low. The trade deficit gives a good political excuse to do so.
4 posted on
12/04/2004 12:29:47 PM PST by
Moonman62
(Federal Creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it.)
To: sinanju
23 posted on
12/04/2004 2:01:33 PM PST by
Jew4GWB
(Never give in--never, never, never, never, in nothing great or small, large or petty, never give in.)
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