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Fiscal Policy and Global Implications
This chapter explores the intricate relationship between governance, electoral outcomes, and global geopolitics, emphasizing the resonance of domestic decisions, particularly in the USA, on international relations. It critiques fiscal policies, including the effects of tax cuts and government borrowing, while advocating for more targeted economic strategies to better serve public needs. Additionally, the chapter highlights the misinterpretations of U.S. currency and debt, addressing the implications of interest payments on government debt and their regressive impact on wealth distribution.