U.S., China and the Restrictions of Tepid GDP Growth

The transcript discusses economic insights shared by Yellen at the Economic Club in New York, focusing on GDP trends, China's economic growth, and the strength of the dollar. It highlights the challenges posed by demographic changes, such as an aging population and slow labor force growth, and emphasizes the need for business investment and capital spending to boost potential GDP growth. The discussion also touches on the limitations of monetary policy in addressing these issues, suggesting a shift towards fiscal policy and infrastructure spending.

What does Yellen identify as necessary for generating faster potential growth?

In what ways does Yellen believe fiscal policy can address economic challenges?