Last June, I published an article here entitled, “Trump Goes After the Fed—Attacks Trade Deficit.” In that article, I explained how the US Trade deficit has been funded not by any equitable arrangement, such as trading real value created in America for value from other countries, but by the petrodollar system.
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Eliminating Trade Deficit Pays for Wall
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Last June, I published an article here entitled, “Trump Goes After the Fed—Attacks Trade Deficit.” In that article, I explained how the US Trade deficit has been funded not by any equitable arrangement, such as trading real value created in America for value from other countries, but by the petrodollar system.