Tag Archives: trade deficit

RJS, MarketWatch 666 Summary: Trade Deficit Rose 22.3% to Record High in March on Higher Imports of Industrial Supplies & Materials and Consumer Goods Our trade deficit was at another record high in March, 22.3% higher than February’s record, as both our imports and exports increased, but our imports increased by quite a bit more . . . the Commerce Department’s report on our international trade in goods and services for March indicated that...

[unable to retrieve full-text content]How Not to Sound Like an Idiot About the Trade Deficit, Part 1: Hey look, a 5-minute solution to sounding like a complete moron, you should check it out. (not callig you a moron, I’m sure you’re lovely, I…just read it ok)

[unable to retrieve full-text content]How Not to Sound Like an Idiot About the Trade Deficit, Part 1: Hey look, a 5-minute solution to sounding like a complete moron, you should check it out. (not callig you a moron, I’m sure you’re lovely, I…just read it ok)

First, we have to understand, the U.S. trade deficit has risen and U.S. manufacturing output has fallen not because of the “blind forces” of international trade. For decades now, U.S. corporations have decided to increase their profits by a combination of shifting production to other countries and automating many of the production processes that remain in the United States. And they’ve left the American working-class behind. Second, there’s no guarantee that increasing manufacturing output...

In this post we will show the history of the Swiss Franc until 1971, a monetary era driven by the gold standard and the Bretton Woods period, both periods with nearly fixed exchange rates.