Could Putin’s War Crash the U.S. Economy?
Plain English with Derek Thompson
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Evaluating Fiscal Policy Options Amid Inflation Concerns
This chapter examines the strategies the Biden administration and Congress could employ to tackle inflation, specifically the implications of fiscal policies like tax adjustments and spending cuts. It delves into the political landscape of a midterm election year, the Federal Reserve's influence through interest rates, and the challenges in swiftly addressing economic fluctuations.
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Transcript
