Bill Gross on Italy, Populism, Financial Repression

The transcript discusses Italy's economic challenges, including its inability to devalue its currency and the ECB's potential response to support Italian credit. It explores the broader implications of populism on global economies, particularly in the context of Trump's policies. The conversation also touches on financial repression and the potential influence of Trump's appointments on Fed policy. Finally, it critiques the Taylor Rule, highlighting its limitations in addressing current economic conditions characterized by high debt and technological advancements.

What factors contribute to Italy's low growth rate compared to its neighboring countries?

In what ways might financial repression continue under Trump's administration?

What are the criticisms of the Taylor rule in the context of current economic conditions?