Ben Harris on the Fiscal Health of the US Government
Macro Musings with David Beckworth
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Navigating Aging Economies and Fiscal Policies
This chapter explores the economic ramifications of an aging population on savings and spending behaviors, alongside the implications of stablecoins on treasury demand and U.S. fiscal health. It critiques the current debt ceiling's impact on government credibility and debates potential reforms for managing national debt. The discussion also highlights the challenges of persistent budget deficits, inflation concerns, and the Federal Reserve's role in maintaining economic stability.
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