
The Realities of a Recession
Real Vision: Finance & Investing
00:00
Tightening Credit Market and its Impact on the Private Sector
This chapter discusses the risks and consequences of tightening in the credit market and explores how the government can continue deficit spending without crowding out the private sector. It examines the transmission mechanism of the tightening cycle and the concentration of large companies in the equities market. The chapter also highlights the consequences of printing money, negative real wage growth, and the loss of purchasing power for deposit savings in the United States.
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Transcript


