16min chapter

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US Fiscal Policy and the 'Deficit Myth' with Stephanie Kelton

Masters in Business

CHAPTER

Inflation Dynamics and Fiscal Policy Challenges

This chapter investigates the intricate relationship between fiscal policy and rising inflation trends, particularly post-financial crisis. The discussion critiques conventional views on deficits, evaluates the effectiveness of fiscal stimulus during economic downturns, and assesses the impact of supply chain disruptions on inflation. It highlights the shift from monetary to fiscal policy, emphasizing the need for a robust fiscal approach amid global economic challenges.

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