The Invisible Hand
Trade Surplus vs. Trade Deficits
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Mr. President, so ridiculous. Why are you breaking the set rules: what happens to the Invisible hand (Adam Smith), and Comparative Advantage (David Ricardo), why Protectionism (Alexander Hamilton) now, when the former places you in disarray over the latter lately due to various distractions and the blindfolding forces that have emanated from domestic and international politics against the intrigues of international political economics?My answer is...Arithmetical Economics in Action, therefore, do not war against China and the rest of the global supply chain!Therefore, let's understand that fis...
Mr. President, so ridiculous. Why are you breaking the set rules: what happens to the Invisible hand (Adam Smith), and Comparative Advantage (David Ricardo), why Protectionism (Alexander Hamilton) now, when the former places you in disarray over the latter lately due to various distractions and the blindfolding forces that have emanated from domestic and international politics against the intrigues of international political economics?My answer is...Arithmetical Economics in Action, therefore, do not war against China and the rest of the global supply chain!Therefore, let's understand that fiscal deficits or fiscal surplus should take into critical cognition of goods and services as being intertwin, but should be handled respectively. That every trade deficit or surplus has its effect on goods and on services as the two sides of a coin.
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