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Friday, January 27, 2023

Summers on GDP Growth

 https://youtu.be/ZsdlVNCoiMQ


*if fiscal policy defaults, will monetary policy be screwed? [default equals higher base interest rates AND higher inflation overall due to weaker USD in foreign exchange markets.]
For inflation in the short term, January and February CPI numbers are going to show if current polices (taxation and spending) are going to keep inflation low.

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