Schlosstein: Close to the End for Economic Stimulus

The video discusses the current state of monetary policy, highlighting its supportive role in economic growth but also its limitations as we near the end of its effectiveness. It contrasts the heavy reliance on monetary policy with the lighter use of fiscal policy, suggesting a need for adjustment. The impact of monetary policy on asset prices is examined, noting that while it has supported prices globally, the capacity for further support is limited, leaving the economy vulnerable to slow growth.

In what ways do you think additional stimulus could affect asset prices?

What does the speaker imply about the future capacity of monetary authorities?