Logan: Long Secular Trend to Lower Productivity Growth

The transcript discusses economic trends, highlighting a decline in productivity and GDP growth over 15 years. It addresses global economic challenges, emphasizing the need for faster growth to alleviate poverty. The conversation shifts to wealth redistribution's potential impact on inflation and growth, noting increased inequality. Finally, it examines inflation trends and unemployment, suggesting fiscal activism could boost growth without significant inflation risk.

Discuss the relationship between wealth redistribution and inflation as presented in the text.

What does the text suggest about the effects of fiscal activism on economic growth?