Bill Gross on Deflation, Central Banks, Fiscal Policy

The video discusses the deflationary pressures from demographics, technology, and debt, and how central banks are combating these forces through quantitative easing and low interest rates. It also explores the convergence of monetary and fiscal policies, using Japan and Europe as examples, and questions the potential for inflation if governments run large deficits with central bank support.

What are the implications of rising interest rates on demographics and spending habits?

How does technology contribute to deflationary pressures in the economy?

What role do central banks play in combating deflation, according to the text?

Discuss the relationship between monetary and fiscal policy as described in the text.

What are the potential consequences of a government running a large deficit if the central bank accommodates it?