Jon Sindreu on Global Financial Flows and the Balance of Trade
Macro Musings with David Beckworth
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I'm Not Denying That the Safe Acid View Has Some Points Here
i'm not denying that the safe acid view has some points here, im. But you know, the idea that that it comes from, like these sort of global savings and current con bonces, should be examined with the lens of a portfolio decision. So i don't think that's the solutionw, i know your point is, it's got causality backwards. My point is it' be very d stabilizing to financial markets. It probably both are true. And if it makes sense through exchange rates, then what we're saying is, weaken the dollar, which is a very simple argument that everyone understands. Im sceptical it would work. I mean, in my mind,
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