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Vor 5 Tagen · If people like Lawrence Summers are right that interest rates are keeping the economy from running too hot, then easing up on them could allow inflation to get out of control all over again....
Vor 20 Stunden · The rate of inflation, as it turned out, jumped to as high as 9.1% in mid-2022, from 1.4% at the start of Biden's presidency. Consumer-price inflation has since slowed to 3.3%, but it's still ...
Vor einem Tag · So now we're in part three and part three is conjuring a monster that somehow Trump 2.0 to define all logic is going to be inflationary or unbelievable. As Larry Summers says, stag inflationary ...
- 4 Min.
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Vor 5 Tagen · “I think this is the least responsible macroeconomic policy we’ve had in the last 40 years,” said Larry Summers, a top economic adviser to former President Obama. According to a Federal Reserve Bank of San Francisco analysis from March 2022, "since the first half of 2021, U.S. inflation has increasingly outpaced inflation in other developed countries."
Vor einem Tag · Sixteen Nobel economists said in a letter recently that his policies would lead to higher inflation. Joseph Stiglitz signed that letter. He was critical of Trump's China tariffs in 2018, when he ...
Vor einem Tag · As Larry Summers says, stag inflationary, you know, Trump 1.0 we had the non inflationary growth, some of the strongest growth, you know, we’ve had in 50 years and I think we’re going to have the same thing again because, you know, if you counterbalance, first of all, with the tariffs, traditionally, you know, I’m, I’m a markets guy and economic historian.
Vor 4 Tagen · On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary and Wall Street Week contributor tells us why Donald Trump's economic proposals are the most inflationary plans he has seen. Stephanie Flanders, Bloomberg News Head of Economics and Government talks about stability in Europe. Ruchir Sharma ...
