So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out.
Sentiment: POSITIVE
It is said, that in Holland Interest is lower than in England.
Foreign trade clearly has been a reason why inflation has been low.
Because countries often have differing political and economic systems, agreements are needed to protect those invested in trade.
Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.
Foreign trade clearly holds down the cost of products we buy.
Low interest rates benefit individuals or investors who own or want to buy assets; in that regard, they disproportionately benefit wealthier Americans.
To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
The whole idea of having a free trade area when you have gyrating exchange rates doesn't make sense at all. It just spoils the effect of any kind of free trade agreement.
We pay a price when special interests win out over the collective national interest.
No opposing quotes found.