U.S. Is Going to Slow the Same Way Japan Has, Says Professor Keen

U.S. Is Going to Slow the Same Way Japan Has, Says Professor Keen

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the Federal Reserve's focus on inflation, economic growth, and interest rates, highlighting the unintended consequences of their policies on private debt and credit demand. It compares the U.S. economic situation to Japan's past experiences, suggesting that current policies may slow down the economy. The discussion also covers inflation trends, predicting a rise due to economic stimuli and labor shortages, leading to potential volatility in the coming years.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the three key numbers that economists at the Federal Reserve focus on?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the current level of private debt affect credit demand in the economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do rising interest rates have on households and businesses according to the speaker?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the speaker compare the Federal Reserve's actions to Japan's economic history?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker predict about inflation rates in the near future?

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