Triffin's Delimma

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Wade Hampton III
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Joined: Fri Oct 18, 2013 10:40 pm
Location: Pontiac, SC

Triffin's Delimma

Post by Wade Hampton III » Thu May 09, 2019 8:17 pm

Which is easier to export: manufactured goods that require shipping
ore and oil halfway around the world, smelting the ore into steel
and turning the oil into plastics, laboriously fabricating real
products and then shipping the finished manufactured goods to the
U.S. where fierce pricing competition strips away much of the
premium/profit?
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Or electronically printing money and exchanging it for real products,
steel, oil, etc.?

https://www.oftwominds.com/blognov12/tr ... 11-12.html

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