hagstag's channel

@khanacademy You wrote, "If they didn't offset set this with a capital account deficit (buying other nations' assets more than other nations are buying Chinese assets), then their currency would devalue." Whose currency? (What you said in your response to jpzhouutube, "China Buys US Bonds" impl...

Thank you for your work. I really appreciate it and you do it well. One question here--what does "M1" mean? That would be helpful to know.

You seem to assume that international sales are always conducted in the currency of the buyer. (In your example, the Chinese manufacturer gets $50 from Americans for each microwave, and the American manufacturer gets 60 Yuan per software product.) Is your assumption true? (It would be obviousl...