But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
![But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other](http://cdn.myquotes.org/images/martin-feldstein/but-because-we-in-the-united-states-finance-our-current-account-deficit-by-borrowing-in-our-own-currency-we-can.jpg)
But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.