Iirc, we run a deficit in goods, but a surplus overall. Fortunately, the US is obsessed with trade in goods. However, Trump's tariffs on Canadian oil (which are by far the stupidest part of his … (View Post)

2,000 bottles is only about three weeks consumption for @Leon. (View Post)

Has it failed? I would suggest that it is the policies of Germany and Italy, that suppress domestic demand to run trade surpluses that have failed. Go look at the developed world countries that run t… (View Post)

I think it's a little bit more complicated than that: immigration (and particularly illegal immigraytion) keeps food prices down in the US, but it also puts pressure on housing and other public … (View Post)

Why would cheap goods from China create inflation? (And what is "artificial" inflation?) (View Post)