Shiller Says a Weak Dollar Does Promote Exports

The transcript covers discussions on economic policies, focusing on the weak dollar and its implications for exports and the Fed's policies. It delves into historical currency wars, drawing parallels with the 1930s and the role of central banks. The conversation shifts to trade policies, market psychology, and the impact of protectionism, referencing the 1987 stock market crash. The final section analyzes the Shiller PE ratio, its historical data, and its implications for long-term market forecasting.

How does market psychology play a role in economic discussions according to the text?

What is the significance of the Cape ratio in the context of stock market returns?

What does the speaker suggest about the future performance of the stock market?