3/17/2005

Quote of the Day: Trade Balance Schmalance

Filed under: Economics, Foolish — Tim @ 5:23 pm


Trade Deficit Nonsense:

I myself am facing similar “imbalances.” My trade deficit with the local pizza parlor is staggering: for all the pizzas I have purchased over the past year, they have not purchased a single good from me. I have tried increasing my savings rate and making sure that I don’t run a deficit, but nothing seems to work. Perhaps the only solution is for some third-party to make it more difficult for me to purchase pizzas.

Pretty damn good if I say so myself. Though, to be perfectly honest, I’m partial to old Freddie B’s example.