
The Speculation Phase Begins | Michael Howell on Liquidity Cycle, China, Fiscal Dominance, and Dollar Weakening
Monetary Matters with Jack Farley
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Navigating U.S. Liquidity and Fiscal Challenges
This chapter explores the dynamics of U.S. liquidity influenced by the Federal Reserve and the Treasury, and the effects of recent regulatory changes on market stability. It also examines the fiscal deficit, legislative efforts for adjustment, and the historical context of fiscal challenges, advocating for urgent reforms in welfare spending.
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