Is the U.S. Becoming an EMERGING MARKET?

In this second part of their discussion on structural inflation, Trish Regan and Rob Hordon of 76research discuss "fiscal dominance," the economic scenario, often found among emerging market countries, in which high public debt loads start to dictate monetary policy. With high debt, high inflation, and high interest rates (not to mention other political and social developments), Trish and Rob speculate whether the U.S. itself is turning into an emerging market country.