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This page maintained by Lee L. Lichterman III. Now you on the threads know why I go by L3 aka L3.

When talking about huge Trade Deficits John Maynard Keynes stated in 1941,
"If, indeed, we lack the productive capacity to maintain our standard of life, then a reduction in this standard is not avoidable. If our price levels are hopelessly wrong, a change in the rate of exchange is inevitable"

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