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Growing trade deficit is selling the nation out from under us (2003) [pdf]
(faculty.washington.edu)
162 points
TaurenHunter
| 1 comments |
04 Apr 25 09:20 UTC
|
HN request time: 0.208s
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source
1.
layer8
◴[
04 Apr 25 10:52 UTC
]
No.
43580437
[source]
▶
>>43579908 (OP)
#
Yesterday I learned that being the world’s reserve currency goes hand-in-hand with a trade deficit:
https://en.wikipedia.org/wiki/Triffin_dilemma
. And the US profits immensely from that status of the USD.
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