This article is an excerpt from the Shortform book guide to “The Deficit Myth” by Stephanie Kelton. Shortform has the world’s best summaries and analyses of books you should be reading. Like this article? Sign up for a free trial here . Is a trade deficit a good or bad thing? Could there possibly be benefits to having a trade deficit? According to Stephanie Kelton, an economist and believer in modern monetary theory, the United States trade deficit is actually a strength rather than a weakness. She believes that the trade deficit puts the United States in a position of … Continue reading Is a Trade Deficit Good or Bad? An Economist Answers