Faculty News
Professor Robert Salomon shares how the trade deficit with China benefits the US economy
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Excerpt from TIME -- "...according to Rob Salomon, associate professor of international management at the NYU Stern School of Business, trade deficits may actually help the U.S. by flowing dollars back into the economy and keeping American interest rates low. 'This makes mortgages less expensive, this makes business loans less expensive, and this makes capital to start businesses less expensive,' he says."
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