Seesaws and Teeter Totters and How It Works With the Economy

Thets toie looks at how all these things are connected. In a later podcast, we will look at it in terms of trade. For example, china runs a huge trade deficit with the us. Mean the tradea they run a trade surplus web hundreds of billions of dollars more from china. Then we sell to them. We run the us. Run to trade deficit. What does china get for selling us all these goods? They get a bucketful of dollars. So on one side of the seesaw, they're holding a bunch of dollars because they just sold us all the stuff. And so this is another seesaw example.