tag:blogger.com,1999:blog-5713178645208582139.post15084362082090563..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: More on the U.S. as a Banker to the WorldDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5713178645208582139.post-41761298501754830082019-09-10T02:39:24.895-05:002019-09-10T02:39:24.895-05:00Thank you for your very interesting and stimulatin...Thank you for your very interesting and stimulating insights.<br /><br />Frankly, this is my first encounter of the wordings of the US as a Banker to the World, which make lots of sense to me. <br /> <br />Korekiyo Lettershttps://www.blogger.com/profile/14968444065533026624noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-366490189726925552019-09-09T20:28:30.414-05:002019-09-09T20:28:30.414-05:00The claim that overvaluation leads to trade defici...The claim that overvaluation leads to trade deficits seems to overlook the that the trade deficit has equal the savings investment gap. A smaller structural deficit, and looser monetary policy => lower rates paid on deposits by foreigners and greater foreign and domestic investment. Thaomashttps://www.blogger.com/profile/14747215297590200584noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-53077697276212194192019-08-28T19:08:21.849-05:002019-08-28T19:08:21.849-05:00Fascinating.
But with just a little imagination w...Fascinating.<br /><br />But with just a little imagination what you call a cost could actually be a tremendous benefit to US taxpayers. The world wants dollars just as it wants Swiss francs. <br /><br />This means that the US can print money and buy goods and services with it with little inflationary effect. That is, money-financed fiscal fiscal programs.<br /><br />In fact, if one believes Mark Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com