A trade surplus on the other hand, means that in sum, US goods are being sent abroad in exchange for foreign currency. A trade surplus is a form of investing in other countries, since (fiat) foreign currency is only worth the foreign capital it can purchase. This happened after World War II, when the United States sent capital to shattered foreign economies and reaped returns as the value of their economies — and thus their currencies — grew.
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A) The US gave foreign aid to select European countries after WW2 to keep Communists from creating anarchy. The Truman Doctrine for Turkey and Greece.
B) Foreign money isn’t fiat, American money isn’t fiat. If it were, then we wouldn’t be paying interest on the national debt.
C) The only reaped benefits the US got from Turkey and Greece was to contain Communism.
Communists that create anarchy? That's not a communist's end-goal from what I understand about them.
Foreign money isn’t fiat, American money isn’t fiat. If it were, then we wouldn’t be paying interest on the national debt.
you're blowing me away, here. What are you talking about, I'm not following you?