7/27/2019 Jackson V AEG Live Transcripts of July 18th Dr Peter Formuzis (Ph.D in Economics)

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IB@HPLO Z BFN DCZF Iudy 2=tm 1520

Gr/ Jlrkuzcs -Um/G co F`lolkc`s#

-Wmf jlddlwcon prl`ffgcons wfrf mfdg co lpfo `lurt$ lutscgf tmf prfsfo`f lj tmfiurlrs#9

Iugnf9 Lhby/ Jlrkuzcs/

Kr/ Alydf9 Slur mlolr$ tmf absc` cssuf cs sckpdy tmbt wf wbotfg mck tl af badf tl fxpdbcowmbt dlss lj fbrocon `bpb`cty kfbos jrlk bo f`lolkc` pfrspf`tcvf$ bog wf tmcoh ++ wf.rf oltsurf wmy ++ wf tmlunmt wmfo wf gcs`ussfg tmf cssuf bt lrbd brnukfot jlr tmf kltclos codckcof$ ylu sbcg ct wbs lhby tmbt mf `ludg gl tmbt$ aut tmbt mf `ludgo.t ncvf boy oukafrsaf`busf mf gcgo.t ncvf oukafrs co mcs gfplsctclo bs tl mck$ ylu holw$ pc`hcon lut b oukafrjlr wmbt dlss lj fbrocon `bpb`cty cs/ Pl tmbt.s wmbt wf wfrf lpfrbtcon uogfr/ C tmcoh tmfgfjfosf mbs b gcjjfrfot vcfw/

Ks/ Ptrlon9 Slur mlolr$ ylur rudcon lo tmcs cs vfry `dfbr$ ylur mlolr/ Slu sbcg lur kltclo wbsnrbotfg bs tl tmf lpcoclos balut juturf dlst fbrocons bog fbrocon `bpb`cty af`busf tmcs cswmbt Kr/ Frh wcdd tfstcjy balut/ Pl wf uogfrstbog tmbt tmcs wctofss cs olt tl bggrfss fbrocon`bpb`cty/ Mf.s bo f`lolkcst$ mf.s nlcon tl tbhf tmf oukafrs tmbt Kr/ Frh prlif`tfg bogrfgu`f tmfk tl prfsfot vbduf8 bog tmbt.s tmf s`lpf lj mcs lpcoclo$ ylur mlolr/ Slu bdrfbgyrudfg lo tmcs$ bog ylu mfbrg brnukfot$ fxtfoscvf brnukfot/ C wbs afrbtfg jlr trycon tl rbcsfcssufs wctm rfspf`t tl Kr/ Frh tmf ltmfr gby/

Iugnf9 Gcg C mfbr tmf wlrg !afrbtfg!

7/27/2019 Jackson V AEG Live Transcripts of July 18th Dr Peter Formuzis (Ph.D in Economics)

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Ks/ Ptrlon9 Sfs/ Olt ay ylu ylur mlolr/ Olt ay ylu bt bdd/ Aut iust ay rbcscon tmf cssufs wctmrfspf`t tl Kr/ Frh$ bog C tmcoh ylu `loscgfrfg tmcs bog kbgf ylur gf`csclo$ ylur mlolr$ bogct.s vfry `dfbr co ylur rudcon wmbt ylu gf`cgfg wctm rfspf`t tl fbrocon `bpb`cty$ ylur mlolr/

Kr/ Ubocsm9 Slur mlolr$ wf gcs`ussfg tmcs tmf ltmfr gby bog wf jcdfg b arcfj lo tmf cssuf lj

0350-`# bog 0350-g#/ C glo.t holw cj ylu rf`bdd tmbt arcfj wf jcdfg/ Bog uogfr 0350-g# ++ tmcs`bkf wctm tmf cssuf lj tmf klvcfs bog tmf ltmfr tmcons tmbt b spf`cjc` oukafr mbg olt affopdb`fg lo/ Bog 0350-g# bddlws dlss lj fbrocon `bpb`cty bs b nfofrbd gbkbnf tmbt tmf iury mbstl bssfss/ Bog ylu rfkfkafr wf gcg ++ ylu gcg bddlw us tl put tmbt fvcgfo`f lo nfofrbddy/ BddC wbot Gr/ Jlrkuzcs tl gl cs gcs`uss tmf `lo`fpt8 bog C tmlunmt wf gcs`ussfg tmcs co kltclosco dckcof$ tmbt wmbt b dlss lj fbrocon `bpb`cty cs ++ bog mf cs bs holwdfgnfbadf bs boylof cotmf wlrdg lo 0350-`# bog -g#$ bog tmbt.s tmf lody tmcon/ Mf.s olt nlcon gl ncvf b jcnurf jlrklofy ++ lr jlr klvcfs lr boy lj tmbt$ bog tmbt.s tmf lody cssuf ltmfr tmbo prfsfot vbduf tmbtmf.s nlcon tl tfstcjy balut/

Ks/ Ptrlon9 Slur mlolr$ cj tmfy.rf sunnfstcon tmbt mf.s nlcon tl lpcof balut wmbt dlst fbrocon`bpb`cty cs bog wmbt.s rf`lvfrbadf co tmcs b`tclo$ tmbt.s jlr ylur mlolr tl costru`t tmf iury lo/ Cafdcfvf tmfrf wcdd af slkf gfabtfs balut tmcs bt tmf tckf lj iury costru`tclo$ ylur mlolr$ bs tlwmbt tmf prlpfr stbogbrg bog kfbsurfkfot cs/ ^f glo.t afdcfvf tmf juturf fbrocon `bpb`cty cstmf kfbsurf lj gbkbnfs co tmcs `bsf/ Wmf `bsf dbw cs vfry `dfbr tmbt ct.s slkftmcon gcjjfrfot/Wmf kfbsurf lj gbkbnfs cs tmf vbduf lj tmf afofjcts tmf mfcrs `ludg rfbslobady fxpf`t tlrf`fcvf jrlk tmf gf`fbsfg cj mf lr smf mbg dcvfg/ Pl tmfrf wcdd af gcsputfs balut wmbt tmfkfbsurf ++ tmf prlpfr kfbsurf lj gbkbnfs cs co tmcs `bsf$ C botc`cpbtf co `loof`tclo wctm iurycostru`tclos8 aut tmbt wcdd af jlr ylu$ ylur mlolr$ tl costru`t tmf iury lo tmf dbw bog olt jlr bofxpfrt tl lpcof balut wmbt mf afdcfvfs cs rf`lvfrbadf co b wrlonjud gfbtm b`tclo/

Iugnf9 ^mbt cs tmf suastbo`f ++ wmbt wcdd mf sby:2$61:/

7/27/2019 Jackson V AEG Live Transcripts of July 18th Dr Peter Formuzis (Ph.D in Economics)

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R/ Olw$ gcg ylu gl tmbt jlr fb`m `btfnlry6:+2/

B/ Lhby/

R/ C glo.t tmcoh wf offg tl nl tmrlunm fvfry lof/ Aut fb`m ++ fb`m oukafr$ 2 tmrlunm :$tmfrf.s b `lrrfsplogcon pbnf tmbt smlws tmf fxb`t `bd`udbtclos$ tmf cotfrfst rbtf bog tmfrfgu`tclo tl prfsfot vbduf$ `lrrf`t$:60$ 25$ 26$ 2= pfr`fot/ Bog C.k nlcon tl nft tl tmf sukkbry smfft/ C tmcoh C iust wbottl kbrh tmfsf bog tmfo wf.dd tbdh balut tmfk/ Lhby< Bog tmbt.s bdd tmf wlrh pbpfrs bogwlrhsmffts jlr wmbt ylu gcg jlr tmbt61$ gbsm$ = tmrlunm 27$ tmbt.s bt tmf '216 tc`hft prc`f/ Bog wmbt cstmf prfsfot vbduf gcs`luot rbtf co tmbt lof61+26 tl 12$ wmbt.s tmf gcs`luot rbtf jlr tmbt61+11 tl 1=$ bnbco$ bdd tmf pbpfrs tmbt ylu prfpbrfg co ylur rfplrt$ wmbt cs tmbtgcs`luot rbtf60+= tmrlunm 27$ wmbt wludg af tmf tc`hft prc`f lo tmbt60+26 tmrlunm 12$ tmbt.s tmf '265 tc`hft prc`f$ bog wmbt cs tmfgcs`luot rbtf60+11 tmrlunm 1=$ '265 b tc`hft$ wmbt.s tmf gcs`luot rbtf67+2 tmrlunm >$ cs tmbt bt '2>6 b tc`hft$ sbkf tmcon$ rcnmt67+= tmrlunm 27$ '2>6 b tc`hft$ wmbt.s tmf gcs`luot rbtf67+26 tmrlunm 12$ '2>6$ wmbt.s tmf gcs`luot rbtf67+11 tl 1=$ tmf gcs`luot rbtf cs wmbt66+2 tmrlunm >< ^mbt.s tmf gcs`luotrbtf pfr`fot/

R/ Lhby/ Bog tmfo >66+= tmrlunm 27$ wmbt.s tmf gcs`luot rbtf tmfrf

7/27/2019 Jackson V AEG Live Transcripts of July 18th Dr Peter Formuzis (Ph.D in Economics)

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B/ 25 pfr`fot/

R/ >66+26 tmrlunm 12$ tc`hft prc`f '155$ wmbt.s tmf gcs`luot rbtf tmfrf66+11 tl 1=$ '155 tc`hft$ wmbt.s tmf gcs`luot rbtf6$ '155< Cs tmbt rcnmt6 bog'1558 cs tmbt `lrrf`t pfr`fot$ 25pfr`fot$ 26 pfr`fot bog 2= pfr`fot