TIP424: How to Finance The Next American Century w/ Richard Duncan
We Study Billionaires - The Investor’s Podcast Network
00:00
Credit Growth and Economic Consequences
This chapter explores the surge in credit during 2020 and its impact on nominal GDP, along with the troubling decline in credit growth since then. It discusses the implications of changing fiscal and monetary policies, particularly the Federal Reserve's shift towards tightening, and how this could lead to a downturn in asset prices and broader economic repercussions. Additionally, the chapter examines the historical context of the Federal Reserve's role in the economy and its profitability through strategic financial maneuvers.
Transcript
Play full episode
