the world’s central banks are obliged to finance the U.S. balance of payments deficit by using their surplus dollars in the only way that central banks are allowed to use them: to buy U.S. Treasury bonds.
"In the process, they finance the U.S. Government’s domestic budget deficit as well."
You don't want to hold "surplus dollars", don't run a trade surplus with the US.How would you suggest we stimulate US exports?You don't want to hold "surplus dollars", don't run a trade surplus with the US.
There’d be a lot of tech industry money at stake in a Trump trade war with China
We could eliminate moronic regulations and reduce taxes.How would that lower the cost of living and doing business in the USA?We could eliminate moronic regulations and reduce taxes.
Seven Factors Driving Up Your Health Care Costs
It wouldn't reduce the cost of living.
It would reduce the cost of doing business.Reducing health care expenses would NOT reduce the cost of living?It wouldn't reduce the cost of living.
It would reduce the cost of doing business.
Did you read my original post????
This is you>>> How would you suggest we stimulate US exports?
This is me>>>>"We could eliminate moronic regulations and reduce taxes"
Where did I mention healthcare?