Charting the Course of the Global Economy
Real Vision: Finance & Investing
00:00
The Impact of Fiscal Policy on the Global Economy
Do we all need to get used to the potential that fiscal policy is going to be have a much more sustained larger impact on the global economy, he asks. He says it's because of this QE provided excess results in the banking system. And so, I would argue that we should not use monetary policy too lightly, once you are in a pursuit phase.
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