fAT

Inflation and the Declining Dollar

Kudos to the Gov who ensures that California remains the most taxed and most underfunded state in the US

Trade and the Declining Dollar: What Do Slowing Imports Mean, and Is There a J-Curve?

equations -schmqations....Can you explain what 'current account deficit' means? Hmm?
I didn't think so.
CAB = NKA +RT
Where CAB is current account balance
NKA = net capital and financial account (all capital and financial transactions excluding reserve assets)
RT= Reserve asset transations


For example, a curernt account surplus is reflected in an increase in net claims, which may be in the form of official or private claims (on nonresidents) or in the acquisition of reserve assets on the part of monetary authorities.
Lookup 'balance of payments manual' by the IMF
LUCK