Hanno Lustig on Fiscal Dominance, Inflation, and the Effects of Long-term Interest Rate Decline
Macro Musings with David Beckworth
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Fiscal Dominance and Inflation
i hope they look at geothermal energy and other alternative forms of energy, just beyond renewable ones. Ok, let's move on to our first topic, fiscal dominance and inflation. So you've written a lot on fiscal solvency issues, public finance concerns in the us. Is that a reasonable concern? Well, personally, i think it is. The congressional budget office projects a deficit of round three point nine % between 20 21 and 20 51. That really puts us on a path that puts the debt to g d p ratioed around 200%.
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