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26 sats \ 0 replies \ @Hodl117 7h \ on: U.S. Trade Deficit Hits Record High Ahead of Tariff Impact econ
To the economists... In a hard money economy, generally you want a trade surplus (money from other countries flowing in, making locals richer and able to spend more money outside the country, balancing out the surplus), and in a soft money economy, you want a trade deficit (the money flowing out, thus avoiding local price inflation while getting goods from other countries for cheap), correct? Or does it really matter, as long as all parties are benefiting from the trade? Or am I completely wrong?