Macro Musings with David Beckworth cover image

David Bahnsen on the Incoming Trump Administration and the Financialization of the US Economy

Macro Musings with David Beckworth

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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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