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6min chapter
David Bahnsen on the Incoming Trump Administration and the Financialization of the US Economy
Macro Musings with David Beckworth
The Dilemma of Financialization
This chapter explores the challenges of financialization, focusing on how excessive government debt affects economic growth and capital allocation. It also scrutinizes the current U.S. debt situation, the paradox of low treasury rates amidst large deficits, and the Federal Reserve's influence on economic expectations.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode