Milken Institute's Lee Says Dollar Will Strengthen If U.S. Economy Gets Stronger

The video discusses the need for the US to boost productivity to improve exports, highlighting the role of investment in technology and infrastructure. It also addresses concerns about inflation due to increased fiscal packages, arguing that investment can dampen inflation by increasing production capacity. The discussion includes an analysis of the Phillips curve and the impact of capital expenditure on inflation, emphasizing the need for more research on supply and demand responses.

What are the reasons mentioned for the low growth in multifactor productivity in the United States?

How does the administration plan to shift investment towards more productive outcomes?

What concerns do economists have regarding the fiscal package and its impact on inflation?

What is the relationship between capital expenditure plans and inflation according to the speaker?

What is the controversy mentioned regarding aggregate demand and aggregate supply?