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Assessing Economic Stimulus
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At $1.9 trillion dollars, the recently signed American Rescue Plan is the largest spending bill in U.S. history and it provides much needed direct relief to millions of Americans who have been struggling for over a year while Covid-19 wreaked havoc on our health and our economy. In this episode, Vanguard's global chief economist, Joe Davis, talks about the impact certain provisions in the stimulus bill will have on those in need and the broader economy, the potential for inflation to finally rear its head, and what he would like to see included in an upcoming infrastructure package.
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You can learn more about the Global Financial Markets Center by visiting our website: https://law.duke.edu/globalfinancialmarkets/
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