Do people understand the economic consequences of "bringing money back into the U.S."? (unemployment, dollars)

[KonaldDuth]

A talking point of Trump and others is that we want to make money flow back into our country instead of flow out (e.g. with the trade deficit). I'm not sure they realize this, but the fact that U.S. dollars flow out of our country is part of what helps keep a lid on inflation. We wouldn't be able to print money out of thin air if it circulated domestically. As an example of what I mean, one of the reasons why housing is so expensive in San Francisco is because foreigners, especially the Chinese, use their reserves of U.S. dollars to bid up the price of houses. If everyone holding U.S. dollars across the globe decided to dump them in the U.S. then we would see hyperinflation.

[RedZin]

Stop talking sense.

You are correct, though. We cannot have zero unemployment. Guaranteed inflation.

[PCALMike]

If you buy a car from a car salesman you have a trade deficit with that car salesman if you dont sell something to him and this somehow makes you poorer. Somehow, people on the right think this is really bad and that they should be forced to sell the car salesman something of equal value to avoid the trade deficit with the car salesman. Its just stupid nonsense.