Milken Institute's Lee Says Dollar Will Strengthen If U.S. Economy Gets Stronger

The video discusses the need for the US to boost productivity to improve exports, highlighting the role of investment in technology and infrastructure. It also addresses concerns about inflation due to increased fiscal packages, arguing that investment can dampen inflation by increasing production capacity. The discussion includes an analysis of the Phillips curve and the impact of capital expenditure on inflation, emphasizing the need for more research on supply and demand responses.

What has been identified as a major factor dragging down U.S. economic growth?

• High unemployment rates

• Lack of investment in technology and infrastructure

• Trade deficits

• Excessive government spending

What is the administration's plan to improve the U.S. economy?

• Increase short-term investments

• Focus on long-term productive investments

• Increase interest rates

• Reduce taxes on imports

What economic theory is criticized for its view on fiscal policy and inflation?

• Supply-side economics

• Monetarism

• Classical economics

• Keynesian economics

How does increased investment affect inflation according to the speaker?

• It increases inflation

• It has no effect on inflation

• It dampens inflation

• It causes hyperinflation

What is suggested as an alternative to the Phillips curve in understanding price movements?

• Supply and demand analysis

• Capital expenditure plans

• Interest rate adjustments

• Tax policy changes