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42 sats \ 1 reply \ @spiderman OP 23h \ parent \ on: A Critical Review of Triffin's Dilemma econ
Yeah, but the core point is the reasoning has to go via abandonment of gold standard. Trade deficit is just a manifestation but not the core issue here.
But no mention of triffin's dilemma ever mentions gold standard and keeps saying it's a dilemma as if there some great mystery on why this is true.
Maybe there’s more to it than I’m granting but I pretty much just take it as saying “Those who can export inflation will do so.”
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