Adam, Doug, and Ryan wrap up 2023, discussing their learnings, surprises, and expectations for 2024: The strong GDP growth and low unemployment in 2023, noting how rate hikes seemed to stimulate the economy, contrary to popular belief.Higher government spending and lower inflation in 2023 The importance of understanding fiscal policy's impact on the macroeconomy while other factors like bank credit and money supply are secondary.The relationship between fiscal spending, bank credit, and economic trends, noting the trend of fiscal dominance in 2023.Surprise at the rapid fall in inflation and the decline in oil prices, which wasn't anticipated.How bank credit and loans behaved in 2023, with a focus on the difference between bank credit contraction and expansion in loans and leases.Potential risks and outcomes if the Fed decides to cut rates in 2024Predictions for 2024 AppliedMMT.com AppliedMMT on Twitter MMT Macro Trader on Twitter Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions