Notas del episodio
Episode NotesTopic: Fiscal Dominance and the Re-emergence of Zero-Interest Bank Reserve Requirements.
  1. Introduction:
    • The heartbeat of a thriving nation's economy is under the shadow of fiscal dominance.
    • A deep dive into the intertwined world of fiscal and monetary policy.
  2. Fiscal Dominance Defined:
    • Scenario where government borrowing dramatically increases money supply.
    • Risks of uncontrollable inflation.
  3. Current U.S. Fiscal Situation:
    • Charles W. Calomiris' warning on the U.S. approaching a fiscal precipice.
    • Skyrocketing national debts and widening deficits.
  4. Zero-Interest Bank Reserve Requirements:
    • Banks' mandatory reserves without earning i ... 
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Palabras clave
economyfiscal dominancemonetary policyzero interest bank reserve requirementscharles w calomirisgdpdeficitsbanksincome taxationentitlements