this is starting to sound like sovereign citizen stuff.
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?
He’d rather have the dollars than the stuff?
I suspect that’s exactly the case. He sees money as an end rather than a means. A regrettably common disease.
All of this bullshit because some fucking guy couldn’t properly set his windage.
Maybe he was a time traveller sent back to fix things, but the travel sickness got to him
The chart there says 4 million barrels per day, so multiply that by 50 dollars a barrel times 365 days a year… 73 billion dollars, larger than the entire US trade deficit with Canada. If they want to eliminate it, all they have to do is stop buying oil.
“I think that in Trump’s mind, he sees trade as a zero-sum game,” Moshe Lander, an economics professor at Concordia University, told CBC News. “He’s just hearing the word deficit. And that’s the end of his math calculation.”
He couldn’t calculate anything even if he tried.
This is a wild quote, because it’s still trying to apply a lens that is focused on economic decision making.
Trump never pays his bills. He thinks paying people for their work or products is what suckers and losers do. He actively steals from people, and he thinks it’s the smartest thing he does.
He thinks the US is wrong for paying for what it buys. Nothing more complicated than that.