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S&P To 7000? | Warren Pies On Why Stocks Aren’t Overvalued

Monetary Matters with Jack Farley

CHAPTER

Navigating U.S. Fiscal Sustainability

This chapter discusses the complexities of the U.S. national debt and deficit, addressing concerns over fiscal sustainability amid the growing deficit. It explores the relationship between the Federal Reserve and the bond market, arguing that the Fed has significant influence over long-term interest rates despite common perceptions of market independence.

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