Greenspan Talks Tax Cuts, Deficits and Inflation

The transcript covers a range of topics including career highlights, technological advancements in economics, Federal Reserve policies, economic forecasts, budget deficits, Modern Monetary Theory, and the Phillips Curve. It also touches on personal interests like baseball. The discussion emphasizes the impact of technology on data processing and economic understanding, the role of the Federal Reserve, and the implications of budget deficits and inflation. Modern Monetary Theory is debated, and the Phillips Curve is analyzed in terms of productivity and labor costs.

What is the speaker's perspective on the relationship between budget deficits and interest rates?

How does the speaker describe the current economic situation in relation to historical data?

What are the speaker's thoughts on modern monetary theory (MMT) and its implications?