Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Sunday Dec 13, 2020
Sunday Dec 13, 2020
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Email me at: matthew@newmillenniumwealth.com
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In the news its not uncommon to hear politicians talk about trade deficits and how we need to punish other countries by protecting and supporting the businesses in our own nation. What is often forgotten in this conversation is the acting individual, and that it is not countries and their governments that are trading with each other, but it is individuals, via corporations, that are choosing to engage in mutually beneficial trade.
It is important to keep in mind that when politicians and talking heads in the media talk about these problems, that they are using very specific terminologies to get you to not think of the problem on an individualistic/humanistic level.
Its not a trade deficit between countries, its merely the ups and downs of good old-fashioned trade between individuals in different countries.
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