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BBER Economist Dr. Robert Sonora: Stimulus, Inflation, The Deficit and The Debt.
The federal government has sent $1.9-trillion dollars from the treasury to the states. It’s lining up for another $3-trillion hand out for infrastructure.
What happens to inflation when the federal government spends nearly $5 trillion it doesn’t have in a matter of a few months’ time?
Economist Dr. Robert “Tino” Sonora, Associate Director of the Bureau of Business and Economic Research will join us to discuss the stimulus packages, inflation, the deficit and the debt.