Comments on: Imbalanced Thinking http://cafehayek.com/2009/10/imbalanced-thinking.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Per Kurowski http://cafehayek.com/2009/10/imbalanced-thinking.html/comment-page-1#comment-185416 Per Kurowski Sun, 11 Oct 2009 18:05:00 +0000 http://cafehayek.com/?p=6818#comment-185416 The $70 are for merchandise and regular services and the $30 are for safe-haven parking services… and so from this perspective your current account is balanced…. Except you run the risk of a lot of returns… but they might at that time settle for other US assets too... and so you might look at it as a prepaid giftcard to themselves... cheers The $70 are for merchandise and regular services and the $30 are for safe-haven parking services… and so from this perspective your current account is balanced…. Except you run the risk of a lot of returns… but they might at that time settle for other US assets too… and so you might look at it as a prepaid giftcard to themselves… cheers

]]> By: Curious http://cafehayek.com/2009/10/imbalanced-thinking.html/comment-page-1#comment-185413 Curious Sun, 11 Oct 2009 15:41:00 +0000 http://cafehayek.com/?p=6818#comment-185413 If the $30 are not dollars, are the $70 dollars and why? If the $30 are not dollars, are the $70 dollars and why?

]]> By: Curious http://cafehayek.com/2009/10/imbalanced-thinking.html/comment-page-1#comment-185412 Curious Sun, 11 Oct 2009 15:30:00 +0000 http://cafehayek.com/?p=6818#comment-185412 Can you state a reason why is it possible to be a profligate consumer with $1, but not with 7 yuan, since they both purchase exactly the same amount of goods and services? Can you state a reason why is it possible to be a profligate consumer with $1, but not with 7 yuan, since they both purchase exactly the same amount of goods and services?

]]> By: Per Kurowski http://cafehayek.com/2009/10/imbalanced-thinking.html/comment-page-1#comment-185410 Per Kurowski Sun, 11 Oct 2009 13:59:00 +0000 http://cafehayek.com/?p=6818#comment-185410 The 30 are not really held in dollars, they are held in what for the time being is considered as the parking permits for a safe-haven. One day the world might wake up and feel that the current safe-haven is becoming dangerously overcrowded and so the value of those parking permits will go down. Why do you insist on putting the blame on the US as it must be clear that others have not come up with any solutions either to the current imbalances? I as a Venezuelan know what living an oil-curse means. The Americans have yet to understand they are living a safe-haven curse. The 30 are not really held in dollars, they are held in what for the time being is considered as the parking permits for a safe-haven. One day the world might wake up and feel that the current safe-haven is becoming dangerously overcrowded and so the value of those parking permits will go down. Why do you insist on putting the blame on the US as it must be clear that others have not come up with any solutions either to the current imbalances?

I as a Venezuelan know what living an oil-curse means. The Americans have yet to understand they are living a safe-haven curse.

]]> By: muirgeo http://cafehayek.com/2009/10/imbalanced-thinking.html/comment-page-1#comment-185398 muirgeo Sun, 11 Oct 2009 05:34:00 +0000 http://cafehayek.com/?p=6818#comment-185398 In my view … it is impossible to understand this crisis without reference to the global imbalances in trade and capital flows that began in the latter half of the 1990s. --Ben S. Bernan In my view … it is impossible to understand this crisis without reference to the global imbalances in trade and capital flows that began in the latter half of the 1990s. –Ben S. Bernan

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