≡ Menu

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

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.