So as long as we are running huge government deficits

So as long as we are running huge government deficits
by Raoul (2024-02-21 08:51:16)

In reply to: Mainstream theory concludes that the overall trade posted by ufl

and thus dissaving, we will have a trade account deficit of some type? And a shrinking trade deficit is unlikely, and if it were shrinking, it would probably be because the government deficit was going down and may well be associated with lower interest rates, but not because of the trade deficit?

Replies:

That's the basic idea - ufl 2024-02-21 09:15:11
- Good stuff. * - Raoul 2024-02-22 08:30:56