The $1.7 Trillion Stimulus Nobody Is Talking About

<p>MEMBERSHIPS</p><p>Become a premium member on YouTube and Spotify for early access and bonus content. Join now!</p><p><br></p><p>DISCUSSION </p><p>💬Join the discussion on Telegram: https://t.me/+OgDv1Djbvs80M2FkEPISODE</p><p><br></p><p>EPISODE</p><p>In this episode, Douglas Paget, a macro researcher and founder of Applied MMT, shares his insights on modern monetary theory, the current macroeconomic landscape, and implications for markets and policy. We explore how government spending, interest rates, and fiscal policy influence the business cycle and asset prices.</p><p><br></p><p>Follow Douglas Padgett 👉 https://x.com/mmtmacrotrader</p><p><br></p><p>SUPPORT</p><p>⚡️LNMS on Lightning: lnms@ln.mtpelerin.com</p><p>₿ BTC-Address: bc1qmk7gfdnrdegnmnrtnacj6rslan0y6v29kdlf9p</p><p>💵https://buy.stripe.com/9B600k5Tscv33Ue4zRdby00</p><p>Twint: https://go.twint.ch/1/e/tw?tw=acq.Z7L1opJwS72nbGgEMY4w3ILkf67JAEyEFmXrtoKoUbONWSsjLDDQIhNx5ReanPy7.</p><p><br></p><p>LINKS </p><p>📰 LNMS Newsletter: https://lessnoisemoresignal.substack.com/</p><p>🎧 LNMS on Apple: https://tinyurl.com/4apksnyn</p><p>🎧 LNMS on Spotify: https://tinyurl.com/ttha8kku</p><p>🎧 LNMS on Rumble: https://tinyurl.com/4k96c7tw</p><p>🎧 LNMS on Fountain: https://tinyurl.com/5dsbbj5p</p><p>🌐 LNMS Website: https://www.lessnoise-moresignal.com/</p><p>📖 Bitcoin Book: https://www.amazon.de/dp/1967693013</p><p>🎧 LNMS on YouTube: https://tinyurl.com/4jfhr4zn</p><p><br></p><p>SOCIALS</p><p>Follow on X👉 https://x.com/pahueg</p><p>Follow on Nostr 👉 https://primal.net/pascal</p><p>Follow on LinkedIn 👉 https://www.linkedin.com/in/pascal-huegli/</p><p><br></p><p>CHAPTERS</p><p>00:00 Intro</p><p>02:16 The mechanics of government borrowing and spending laws</p><p>07:21 The influence of government and fiscal policy on the business cycle</p><p>10:28 Historical context of fiscal deficits and economic growth</p><p>15:12 Asset allocation: stocks, bonds, and commodities in macro context</p><p>16:10 The role of the Fed and market expectations on yields</p><p>20:26 Control over the yield curve and interest rates</p><p>22:16 Japan&#39;s rate policy and implications for the US</p><p>24:36 The income channel and its effect on the business cycle</p><p>27:01 Policy tools to influence long-term interest rates</p><p>29:42 The trade-off between low rates and economic growth</p><p>32:08 Implications of high government spending and inflation</p><p>35:01 Market signals, flow dynamics, and seasonality effects</p><p>37:47 Shor