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China Trade Deal Doesn't Change Where We're Headed | Luke Gromen

Forward Guidance

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Tariffs, Taxes, and Economic Stability

This chapter explores the effects of tariffs and tax reforms on the U.S. economy, particularly impacting the bottom 90% of taxpayers. It discusses the interrelatedness of government deficits, defense spending, and economic growth in light of inflation and foreign investment trends. The conversation also examines the Federal Reserve's challenges amidst high debt levels and political resistance to austerity measures, concluding that economic stability hinges on maintaining asset inflation and strategic responses to ongoing trade dynamics.

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