Simon Johnson, Professor of Entrepreneurship at MIT' Sloan School of Management and the 2024 co-recipient of the Nobel Prize in Economics, discusses Trump's economic policies, causes of financial crises, future of interest rates, and societal implications of economic growth.
*This video was recorded on November 1, 2024
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0:00 - Intro 1:40 - Financial crisis 3:09 - Banks’ unrealized losses 4:11 - Interest rate outlook 5:19 - Too big to fail banks 10:46 - Long-term economic growth 14:30 - Capitalism vs. Socialism 16:33 - Fighting hyperinflation 18:35 - Inflation in the U.S. 19:33 - Tariffs 22:10 - Bringing prosperity to Americans
#economy #election #trump