this post was submitted on 16 Feb 2025
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Trade deficit means you’re getting more stuff than the other side is.
He’d rather have the dollars than the stuff?
What are you gonna spend the dollars on if there’s no stuff?
Isn’t “too many dollars chasing too few goods” the textbook definition of inflation?
I suspect that's exactly the case. He sees money as an end rather than a means. A regrettably common disease.
Like any common capitalist. Money is all.
Money changers for ya... jesus warned us all about them.