Bill Gross: 'A Lot of Voodoo' in Trump's Tax Policies

Bill Gross: 'A Lot of Voodoo' in Trump's Tax Policies

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Trump economics, focusing on criticisms by Larry Summers regarding tax cuts and voodoo economics. It explores the potential global impact of Trump's policies on debt and financial stability, highlighting concerns about dollar-denominated debt in emerging markets. The video also examines Trump's trade policy and its influence on corporations, drawing parallels to historical government control. Finally, it addresses the Federal Reserve's role under Trump, advocating for a return to normal interest rates to encourage savings and investment.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the role of the Federal Reserve under President Trump?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of high debt to GDP ratios mentioned in the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest that Trump's policies could resemble historical fascist policies?

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