The profit made from international trade is an illusion

  If China sells a widget for 1 dollar, then that is equal to 6 RMB. But China has to loan the us 1 dollar in order to make that purchase. Businesses who arent making that loan get to profit, but the Chinese government has to subsidize us consumer spending so that those businesses can make that profit. The total profitable gain made by businesses is equal to the total loss that the Chinese government must suffer to generate that loan.

  The Chinese government could subsidize anyone so that businesses can turn a profit. They could drop RMB from helicopters across China, and the net result would be the same.

  The other angle is that the us doesnt even need a loan from China to purchase Chinese goods. The us can simply print the difference. The us doesnt post a trade surplus with anyone to finance its trade deficit with China. It simply increases its own volume of money by fiat.

  Further demonstrating that any profit made from international trade is an illusion.

Printing towards perpetuity

Out of 191 recorded countries, 130 of them post trade deficits. Its got little to do with reserve currency.

62	Guinea-Bissau	–0.006	2007
63	Tuvalu	–0.011	2003
64	Bulgaria	–0.012	2010
65	Kiribati	–0.021	2007
66	Tonga	–0.023	2007
67	Samoa	–0.024	2007
68	Federated States of Micronesia	-0.034	FY05
69	Iceland	–0.042	2010
70	Anguilla	-0.042	2003
71	Vanuatu	–0.060	2007
72	Sierra Leone	–0.063	2007
73	Dominica	–0.072	2007
74	São Tomé and Príncipe	–0.073	2010
75	Central African Republic	–0.077	2007
76	Cuba	–0.087	2010
77	Gambia	–0.090	2010
78	Papua New Guinea	–0.099	2010
79	Zambia	–0.099	2010
80	Lesotho	–0.125	2010
81	Burundi	–0.136	2010
82	Grenada	–0.138	2007
83	Solomon Islands	–0.143	2007
84	Saint Vincent and the Grenadines	–0.149	2007
85	Belize	–0.151	2010
86	Saint Kitts and Nevis	–0.163	2007
87	Mauritania	–0.184	2007
88	Namibia	–0.187	2010
89	Laos	–0.195	2010
90	Saint Lucia	–0.199	2007
91	Kyrgyzstan	–0.210	2010
92	Antigua and Barbuda	–0.211	2007
93	Eritrea	–0.212	2010
94	Liberia	–0.224	2007
95	Barbados	–0.254	2007
96	Bahamas	–0.283	2009
97	Cape Verde	–0.286	2010
98	Guyana	–0.311	2010
99	Malawi	–0.315	2010
100	Niger	–0.321	2007
101	Macedonia	–0.328	2010
102	Tajikistan	–0.330	2010
103	Peru	–0.333	2010
104	Togo	–0.339	2010
105	Seychelles	–0.351	2010
106	Djibouti	–0.352	2009
107	Swaziland	–0.374	2010
108	Uruguay	–0.377	2010
109	Mongolia	–0.378	2010
110	Paraguay	–0.391	2010
111	Malta	–0.403	2010
112	Guinea	–0.434	2010
113	Mali	–0.446	2007
114	Nepal	–0.449	2010
115	Maldives	–0.463	2010
116	Burkina Faso	–0.486	2010
117	Rwanda	–0.489	2010
118	Fiji	–0.507	2007
119	Botswana	–0.552	2010
120	Moldova	–0.565	2010
121	Democratic Republic of the Congo	–0.569	2010
122	Benin	–0.582	2010
123	Slovenia	–0.598	2010
124	Madagascar	–0.600	2010
125	Ecuador	–0.692	2010
126	Haiti	–0.781	2010
127	Uganda	–0.784	2010
128	Nicaragua	–0.819	2010
129	Cameroon	–0.826	2010
130	El Salvador	–0.907	2010
131	Cambodia	–0.918	2010
132	Mauritius	–0.949	2010
133	Jordan	–0.975	2010
134	Mozambique	–1.028	2010
135	Senegal	–1.046	2010
136	Serbia	–1.046	2010
137	Honduras	–1.048	2010
138	Montenegro	–1.102	2007
139	Belgium	–1.129	2010
140	Armenia	–1.138	2010
141	Bosnia and Herzegovina	–1.175	2010
142	Albania	–1.245	2010
143	Guatemala	–1.345	2010
144	Costa Rica	–1.349	2010
145	Jamaica	–1.382	2010
146	Tunisia	–1.389	2010
147	Georgia	–1.404	2010
148	Kenya	–1.414	2010
149	Democratic Republic of the Congo	–1.470	2010
150	Equatorial Guinea	–1.477	2010
151	Zimbabwe	–1.503	2010
152	Tanzania	–1.523	2010
153	Sri Lanka	–1.784	2010
154	Ghana	–1.871	2010
155	Slovakia	–1.930	2010
156	Hungary	–2.128	2010
157	Yemen	–2.181	2010
158	Ethiopia	–2.232	2010
159	Croatia	–2.312	2010
160	Afghanistan	–2.475	2009
161	Cyprus	–2.500	2010
162	Panama	–2.523	2010
163	Sudan	–2.595	2010
164	Chad	–2.600	2010
165	Pakistan	–2.641	2010
166	Kosovo	–2.716	2010
167	Ireland	–3.191	2010
168	Dominican Republic	–3.862	2010
169	New Zealand	–4.504	2010
170	Belarus	–5.062	2010
171	Colombia	–5.946	2010
172	Czech Republic	–5.956	2010
173	Lebanon	–6.972	2010
174	Mexico	–7.000	2010
175	Morocco	–7.922	2010
176	Romania	–7.934	2010
177	Vietnam	–12.220	2010
178	Poland	–12.330	2010
179	South Africa	–16.510	2010
180	Greece	–17.100	2010
181	Portugal	–19.030	2010
182	India	–26.910	2010
183	Australia	–35.230	2010
184	Turkey	–38.820	2010
185	Canada	–40.210	2010
186	United Kingdom	–40.340	2010
187	Brazil	–52.730	2010
188	France	–53.290	2010
189	Italy	–61.980	2010
190	Spain	–66.740	2010
191	United States	–561.000	2010