Macro Musings

Samim Ghamami is former SEC economist. Samim returns to the show to discuss the fiscal trajectory of the US, the outlook of interest rates, the US Treasury market’s impact on inflation, potential reforms to the Treasury market and much more. Check out the transcript for this week’s episode, now with links. Recorded on August 5th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow Samim on X: @GhamamiSamim Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Intro 00:01:42 - Fiscal Trajectory of the US 00:3:55 - Interest Rates 00:21:28 - Inflation 00:39:53 - Treasury Market Reform 00:48:05 - Outro