and the fact we issue our own currency and are monetarily sovreighn

arnold do you know why japan runs a 200 percent + defecit

as a ratio ofc?

But hey who are you going to trust on finances- millionaires who invest and advise on it for a living or a kid getting into college debt

do you know why there inflation rate is like .3 percent

well below the us goal of 2 percent

You still aren’t addressing my point

holy shit

Probably a freshman econ student

i have linked the study by phds, what are you on about

Stop cursing and address my point on trade

i did

holy hsit

That doesn’t address the foreign standing of the currency

In order to produce we must trade

🤡

@Arnold Jacobs is legend japan is not the reserve currnecy but they are able to have a higher deficit ratio then us. And yes in order to produce we must trade. IF your worry is the dollar index lowering there is no 1:1 ratio of credit expansion and lowering of the dollar index. The dollar index operates alot like a stock price

we have had times off massive quantitiative easing and higher dollar index

idk what your on about

Japan has the largest investment of us debt actually

So lol

what are you on about

how does that awnser the question

Lol im talking about international trade

again how can japan have a 200+ percent ratio

yes you are talking about trade

your worry on trade is the dollar index

Owning us debt

which is a bs argument

yes

and?

It all goes back go trade, and faith in the dollar as i said before

@Arnold Jacobs is legend yes the faith in the dollar, you are reffeirng to the dollar index. like i said we have had times of credit expansion and a increase in delta dollar index

The us can maintain large deficits as long as other countries support it and they do due to the dollar being the worlds reserve currency

wow

holy shit

circullar argument

i will say this slow

Its not circular its cause and effect

As i said the us is heavily reliant on foreign trade for manufacturing

40%