Kudlow Says a Trump, Powell Meeting Would Benefit Both Men

The transcript discusses the potential for a meeting between the President of the United States and President Xi, as well as the Federal Reserve Chairman. The conversation highlights the benefits of diplomatic exchanges, particularly in terms of economic growth and inflation. It argues that current Federal Reserve models are outdated, as low unemployment and high job growth are not causing inflation. The discussion also touches on supply side economics, emphasizing the importance of business investment and lower tax rates in driving economic growth, referencing Say's Law.

What are the potential benefits of a frank and candid exchange of views between the President and the Federal Reserve Chairman?

In what ways does the speaker suggest that current economic models may be outdated?