Liberal economist Larry Summers issues frightening warning about inflation to Americans following Trump's election
Liberal economist Larry Summers issues frightening warning about inflation to Americans following Trump's election
Liberal economist Larry Summers warned that inflation is still not fixed and that a Trump administration could make things even worse. Summers, who was Treasury Secretary under Bill Clinton and also advised Barack Obama after 2008 financial crisis, was correct in his 2021 prediction that not getting 'Bidenflation' under control would bring back Donald Trump. In a talk at the New York Economic Club, Summers says the Jerome Powell-led Federal reserve is still not taking it seriously enough.
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