By far the best reason for a National Divorce is that the red states need their own currency zone. Now. Immediately.
Demand deficits just mean the central bank creates more money. Red states currently have demand deficits *and* no investment.
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...of course, this is all mad fantasies of adequacy because a real Red State Central Bank would adopt a gold standard.
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But devaluating red dollars may only create demand for blue dollars.
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Red dollars should only devalue if red states have no excess capacity for the new red dollars to animate?
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Hum not sure. Practically, friction in currency exchange would make it help at least a bit.
End of conversation
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I am not an economist but here is an overview of my mental model of macro:https://medium.com/@b.essiambre/the-world-deserves-a-pay-raise-302f25efd82a#.wn9v2o75f …
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