20min chapter

Forward Guidance cover image

George Robertson: The Fed Has No Control, There Will Be No Recession, and Fiscal Supremacy Will Drive Stocks To “Ponzi Stage”

Forward Guidance

CHAPTER

Bank Loans, Savings, and Fiscal Policies

This chapter explores the stagnation of bank loans and the impact of fiscal stimulus on the economy. It discusses the increase in savings during the pandemic and compares it to corporate savings. The chapter also analyzes expectations for inflation, nominal GDP, and the influence of fiscal policies, including the potential effects of the upcoming election.

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