AEI's Conard Sees Hard Time Stimulating Japanese Economy

The video discusses economic policy expectations, focusing on inflation forecasts and the challenges Japan faces in stimulating its economy. Ed Conard, a visiting scholar, shares insights on the limitations of financial policy and the importance of organic growth. The discussion also covers global savings surplus, investment flows, and how modern businesses like Google and Facebook scale with minimal capital.

How do companies like Google and Facebook differ from traditional manufacturing businesses in terms of growth?

What does the speaker suggest about the effectiveness of fiscal and monetary policy in stimulating the economy?