What is the relationship between nominal GDP growth and debt capacity as discussed in the text?
JPMorgan's Gartside Says Why Not Issue 50-Year Treasuries
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The video discusses the economic policies of the Trump administration, comparing them to Reaganomics, focusing on tax cuts and deregulation. It explores financing these plans through borrowing and issuing long-term bonds, analyzing the US debt situation and yield curve. The discussion includes economic growth projections, inflation, and the Federal Reserve's interest rate policies, highlighting the potential impact on the bond market.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
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How does the text characterize the current state of the U.S. economy in relation to inflation and growth?
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