Episode 243: The Nature of Exchange, pt. 1
Words & Numbers
00:00
Money Is a Medium of Exchange
When we talk about trade imbalance, what we mean is that we're buying more things from foreigners than foreigners are buying from us. And it's kind of interesting because we've walked headlong into Donald Trump's trade imbalance. He's always going on and on and on was always he probably still is about a trade imbalance. But when it comes right down to it, I have a trade imbalance with almost everyone I deal with. Now that's worth defining.
Transcript
Play full episode
