Gross: U.S. Economy Needs Fiscal Stimulus

The transcript discusses the challenges faced by central banks in managing their bond holdings and the potential impact of President Trump's policies on fiscal policy and economic growth. It highlights the concept of financial repression and its historical context, as well as concerns about the strength of the US dollar and its global implications. The discussion also touches on the Mexican peso's valuation and investment opportunities.

What are the potential consequences of central banks unwinding their bond holdings?

How does the current level of debt to GDP in the US compare to other countries?

What is the significance of fiscal policy in relation to animal spirits in the economy?

What historical examples illustrate the concept of financial repression?

What are the implications of a strong US dollar on global growth?

In what ways can the Fed influence the strength of the dollar?

How does the current economic environment affect investment strategies in Mexico?