
American Piggybank with Brad Setser
The ACID Capitalist Podcast
00:00
The Japanese Yen and the Eurodollar System
"I would be profoundly deflationary. But there is a hopeful path where you can achieve some of those adjustments smoothly over time without this negative shock," he said. "We've got elevated historically, we're at four times debt GDP, we take out decimal points."
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