Скачать или смотреть Economic Indicators: Fiscal Policy

Fiscal policy matters because too much government debt means that they borrow money and pay interest from funds that could be used by the private sector for profitable investment.

This ‘crowds out’ higher productivity activity by the private sector of the economy. High debt levels also drive up long interest term rates, imply higher future taxes and can cause inflation.

You can learn more about economic indicators and their implications in other videos here: https://financeunlocked.com/economic-...

Trevor is a visiting professor at the University of Derby and an economic consultant. He is the author of several books and articles and is former Chief Economist of Lloyds Banking Group.


You can find more of Trevor Williams’s videos here: https://financeunlocked.com/expert/tr...

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