Coulton: U.S. Policy No Longer Business as Usual

The video discusses the dynamics of the cabinet under a new presidential style, suggesting a shift from traditional policy-making in America. It explores the potential impact on US GDP growth, emphasizing the need for productivity over fiscal stimulus. The discussion highlights the overvaluation of the US dollar and the risks of overstimulating the economy.

What does the speaker suggest about the style of policymaking in America?

What are the institutional checks and balances mentioned by the speaker?

How does the speaker view the potential impact of fiscal stimulus on the economy?

In what way does the speaker believe the economy needs to change?

What does the speaker imply about the relationship between demand stimulation and the real exchange rate?