Bill Gross's Alternatives: Helicopter Money or Recession

The video discusses the current state of economic and monetary policy, focusing on the Federal Reserve's potential need for more quantitative easing (QE) and the concept of 'helicopter money.' It highlights the challenges faced due to reliance on monetary policy over fiscal policy and the limited capacity for further economic stimulus. The discussion also covers the impact of these policies on global asset prices and the slow growth of the economy.

In what way does the speaker believe fiscal policy has been neglected?

What does the speaker imply about the relationship between monetary policy and asset prices?