I love that chart showing no relationship between rising trade deficits and a falling dollar. Paul used that chart for a while to show that there was a relationship. Paul can't read charts. Paul is funny.
Note that if smoothed out it does show an interesting historical tracking of the two...despite foreign interventions attempting to blunt the effects.
And interesting how joe can't account for the fact of those interventions...which clearly are not 'free market' manifestations...and cost Red China $195 billion annually.
Joe is funny. He can't read between the lines of the charts.