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Fiscal policy is the use of government spending and taxation to influence the economy. The Federal Reserve does not set fiscal policy, but it's important for us to understand its effects.

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Article
Third Quarter 2025

Economist Carmen Reinhart discusses the twin financial and currency crises, the future of the dollar, sovereign debt, and more.

Article
First/Second Quarter 2025

University of California, Berkeley economist Alan Auerbach discusses the federal debt, the Social Security trust fund, and how Uncle Sam discourages seniors from working.

David A. Price