Deficit Spending

revision on the finished page and half, and slides for the following areas where it says (Me) and the (Other Person) is what the group members will be doing

Presentation Outline

1. Brief Introduction (1 minute) – Other Person
2. Overview of Causes (Each can be less than a minute)
   1. Deficit Spending (Me) -1
   2. Credit, exchange rates, and capital flows (Other Person) – 1
   3. Oil Price Volatility (Other Person) – 1
   4. Expectations (Other Person) -1
   5. Demand Imbalance (Other Person) – 1
3. Policy Proposals
   1. Caveat to wait because this is transitory (Other Person) – 3.5
   2. Controlling Capital Flows 1 (Me) – 3.5
   3. Controlling Capital Flows 2 (Other Person) – 3.5
   4. Sovereign Oil Hedging (Other Person) – 3.5
   5. Fiscal Policy Specifics (Other Person) – 3.5
4. Conclusion, including impacts on expectations – Other Person