Ro Khanna

@RoKhanna ↗

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Last Checked March 8, 2023

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Mon Feb 06 19:47:29 +0000 2023

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Ro Khanna @RoKhanna

RT @SquawkCNBC: "Should there be a response regarding allowing U.S. companies to do business in China?" @JoeSquawk asks @RoKhanna after the… — PolitiTweet.org

Posted Feb. 6, 2023 Retweet

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Ro Khanna @RoKhanna

@snlester @rch371 @RobAtkinsonITIF What is the theory on fiscal deficits corresponding to trade deficits? Is it deficits lead to higher interest rates that lead to higher value dollar. I don’t think that holds with US being reserve currency —don’t need to raise rates. So what is the exact reasoning? — PolitiTweet.org

Posted Feb. 6, 2023

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Ro Khanna @RoKhanna

@snlester @rch371 Enjoying the back and forth. Genuinely curious how you would argue for fiscal deficits causing trade deficits? I believe as a reserve currency it hasn’t led to higher interest rates in the past 30 years and the jobs moved to China because of offshoring. Curious on your argument — PolitiTweet.org

Posted Feb. 6, 2023