Tell Me Again Why A Net Inflow of Capital Into America Makes Americans Poorer

by Don Boudreaux on November 12, 2017

in Balance of Payments, Myths and Fallacies, Trade

Mark Perry used data to construct this revealing graph that makes a point very much like one of the points that I made in my debate last week at Hillsdale College with Ian Fletcher – namely, a rising U.S. trade deficit U.S. capital-inflow surplus does not mean that Americans are losing net wealth.  Quite the opposite, as reality turns out.

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