"Econ 102" with Noah Smith and Erik Torenberg cover image

How the Fed Works, Currency Crises, and TikTok ban [Listener Mailbag]

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Exploring Fiscal Policies and the Concept of a Fiscal Fed

This chapter examines a listener's proposal for a balanced budget amendment to the Constitution, focusing on an insurance fund for government spending during crises. The discussion delves into the challenges of implementing such policies and the implications for government fiscal authority and spending behavior in various economic contexts.

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