GM.
Chapter 13 of Broken Money is called "Heavy is the Head that Wears the Crown".
It focuses on the US trade deficit and why it arises structurally. In short, since the USD is the global reserve cu...
Thanks for the reminder about this important chapter. I'm re-reading and annotating this time so I can help myself recall themes and data points for friends that think they "get it" but not like @Lyn Alden "gets it." Cheers!