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My grasp of the national accounts is small to nonexistent. I guess what you're trying to say is that the trade balance is a better comparison variable than currency reserves.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Thu May 29th, 2008 at 04:08:13 AM EST
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