frozenicecube@lemmy.ca to Canada@lemmy.ca · 7 days agoTrump claims the trade deficit with Canada is a $200B subsidy. Experts disagreewww.cbc.caexternal-linkmessage-square19fedilinkarrow-up176arrow-down11
arrow-up175arrow-down1external-linkTrump claims the trade deficit with Canada is a $200B subsidy. Experts disagreewww.cbc.cafrozenicecube@lemmy.ca to Canada@lemmy.ca · 7 days agomessage-square19fedilink
minus-squarekibiz0r@midwest.sociallinkfedilinkEnglisharrow-up22·7 days agoTrade 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?
minus-squareOutlierBlue@lemmy.calinkfedilinkEnglisharrow-up7·7 days ago He’d rather have the dollars than the stuff? No, he wants both. That’s why he doesn’t pay his bills.
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?
No, he wants both. That’s why he doesn’t pay his bills.