Mosler Economics / Modern Monetary Theory

The Site of Economist Warren Mosler

Main menu

Skip to primary content
  • Home
  • About
  • Mandatory Readings
  • MMT White Paper
  • Policy Proposals
  • Media
  • Q&A
  • Support
  • Contact

Post navigation

← Previous Next →

Petroleum and the trade deficit

Posted on April 10, 2008 @ 12:49 pm (Thursday) by WARREN MOSLER

US Trade Deficit SA

US Trade Deficit SA

It is sending USD overseas that have lost appeal and are driving the USD down to levels where they get spent here, hence the falling trade deficit.

Share
This entry was posted in USA and tagged Trade Deficit by WARREN MOSLER. Bookmark the permalink.
Proudly powered by WordPress