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17min chapter
Steve Hanke: Shrinking Money Supply = Recession And Sub-2% Inflation By End Of Year
Thoughtful Money with Adam Taggart
Monetary and Fiscal Policy Analysis
This chapter explores the comparison between monetary and fiscal policy, discussing the impact on the economy and historical examples. It delves into the role of the Federal Reserve in purchasing treasuries, potential risks of a fiscal deficit, and the consequences of a shrinking money supply. The conversation also addresses lag effects in economic policy and speculates on the implications of ongoing monetary contraction for a potential recession.
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