U.S. Should Increase Public Infrastructure Investments: Economist

The video discusses the rise in commodities and inflation expectations, analyzing the potential impacts of Biden's $1.9 trillion economic plan, including increased inflation and GDP growth. It highlights the fragility of the US job market and the importance of infrastructure spending for sustainable economic recovery. The video also explores the concept of a new Bretton Woods regime, where central banks manage interest rates similarly to exchange rates, emphasizing the need for yield curve controls.

What are the implications of increased fiscal stimulus on inflation forecasts?

In what ways might the economic recovery differ from previous recoveries?

How does the concept of a new Bretton Woods regime relate to current economic policies?