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The Only Game in Town (EP.308)

Animal Spirits Podcast

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Fiscal Stimulus: How Much Money Is Still Left Out?

San Francisco Fed study shows fiscal spending growth following onset of recession as a percentage of GDP. 2020 is way off the charts, and 2021 was 15%. There's nothing even close to it. The excess savings piece is really hard to calculate because I've seen numbers ranging from 2 trillion to 5 trillion.

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