18min chapter

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Jason Furman on Inflation and Policymaking

ChinaTalk

CHAPTER

Navigating Government Debt and Economic Policy

This chapter explores the intricate challenges of government debt and deficits, reflecting on historical fiscal crises and the current political landscape in the U.S. It addresses the Federal Reserve's approach to managing inflation and the critical role of wage growth in economic stability. The discussion also touches on the implications of higher interest rates for various sectors and the broader economy amidst ongoing labor dynamics and student loan repayment resumption.

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