U.S. Economy FAQ: Skyrocketing Insurance Prices, Stuck Inflation, Higher Rates, and Wrong Experts
Plain English with Derek Thompson
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Navigating Rising Interest Rates and Fiscal Challenges
This chapter examines the evolution of the neutral interest rate and its implications for the U.S. economy, highlighting the historic shift in government spending priorities. It emphasizes the urgent need for fiscal policy reform in light of rising interest rates, growing debt, and challenges related to Social Security and Medicare.
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