It mostly involves reading a lot to become informed about protectionist myths that were shredded 2 and a half centuries ago.
Trading paper for a smorgasbord of goods is not an inherently bad thing as claimed.
Nor is importing more cars from a country like Germany a bad thing either. They specialize in making cars, they don't need to import as many.
How is it harming you if i buy a German car?
should you be concerned about your trade deficit when you go to the grocery store?
how about the trade deficit between states?
why or why not?
Most of the time successful economies will have a trade deficit, and struggling economies will have a surplus.
The GDP formula itself is trash and requires serious examination.
https://mises.org/library/how-gdp-metrics-distort-our-view-economyIts far from just libertarians who have a decent grasp of the issue and don't think trade deficits are some crazy bad thing that need to be reduced by government
https://i.imgur.com/USoJCIL.png"crazy assertion but plenty of people seem to believe this. to see the fallacy, note that banning imports would do it and would crush welfare"
...and this is coming from someone that disagreed with him in that thread regarding tariffs. I'm not going to sit here an ferret out all his posts because it's pointless. You guys shouldn't be misrepresenting his views and piling on.