4)The trade deficit.

Funny, nobody talks about the trade deficit anymore. But hey, when you have the ability to print as much money as you want, and not have to back it with anything but air, you’re free to import as much as you want without having to match with exports. Gee, could that be why all of our jobs have gone to China and India? And let us not forget all of the jobs that went to Japan in the 80s and Mexico in the 90s.