
The Bank of Canada Shocks The Bond Market- w/ guest Robert Asselin
The Loonie Hour
00:00
The Risk of High Nominal GDP Growth in the US
The problem I'm having is reconciling nominal GDP growth of like 7% in the US or 6%. Notice I didn't say real. And so if you if you have that top line growth, even though your returns won't be as good, it prevents a severe dislocation in those credit markets. But I think we should move on to other stuff because I think Keith, you had some or maybe you should push back perhaps, but I think there's loads of stuff. So, let's just go over there buddy, your feet on the ground.
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