As The Trade Deficit Grows, U.S. Net Worth Rises

See Tell Me Again Why A Net Inflow of Capital Into America Makes Americans Poorer from Cafe Hayek.

"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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