
MacroVoices #293 Cullen Roche: Debt Ceiling, Interest Rates & Stagflation
Macro Voices
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I Think the Political Winds Seem to Be Change Somewhat Going Forward
I'm confident that some sort of counter cyclical measures will continue to be in place, at least in the near term. In a weird way, you know, i go back to kaines. I think people misunderstood who kanes really was and what he really stood for. He wanted us to run true countercyclial policies when times are bad. And we've never really adhered to that sort of policy - even though many claim it's cause of fiscal problems. If kaines were alive to day, he'd probably be advocating right now for like, a lower, a much lower budget deficit or potentially a budget surplus.
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