25min chapter

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“Nothing Stops This Train” | Lyn Alden on Fiscal Dominance

Bankless

CHAPTER

Fiscal Dominance and Economic Impact

The chapter explores the concept of fiscal dominance and its influence on the economy, comparing monetary and fiscal interventions from the past to present. It delves into the complexities of debt to GDP ratios, interest rates, and the effectiveness of monetary policy tools. The discussion also highlights the challenges of balancing fiscal and monetary policies, emphasizing the role of political decisions in shaping winners and losers in different sectors.

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