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Larry Summers very concerned about inflation indicators

Posted on 5/13/21 at 3:53 am
Posted by Strannix
District 11
Member since Dec 2012
48901 posts
Posted on 5/13/21 at 3:53 am
quote:

Former US Treasury Secretary and World Bank Chief Economist, Larry Summers, has said he's 'very concerned' at the inflation trend emerging in the US.
Addressing an online audience at the Institute of International and European Affairs, Mr Summers he was worried that that inflation expectations in the US "will become unanchored and the Fed will face profoundly difficult choices."



LINK

Looks like radio silence from MSM
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 5/13/21 at 5:24 am to
I googled Larry Summers, and the very first link that pops up is a CNN article saying the same thing:

CNN Larry Summers

I think we may disagree on the interpretation of 'radio silence from the MSM'
This post was edited on 5/13/21 at 5:24 am
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 5/13/21 at 5:26 am to
He’s been openly critical of the scale of the coordinated fiscal/monetary policy.
Posted by Strannix
District 11
Member since Dec 2012
48901 posts
Posted on 5/13/21 at 5:27 am to
I didn't see that one, what other MSM are on this besides CNN POLITICS,

From your article

quote:

Americans in the Southeast caused a fuel shortage by panic-buying gasoline in the days after a cyberattack caused the Colonial Pipeline to shut down. The pipeline, which supplies a large portion of the East Coast's fuel, was restarted Wednesday afternoon.


Yes its their fault, no blame lies with the bumbling administration that is out searching for muh insurrectionists and not actual threats.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 5/13/21 at 5:38 am to
quote:

I didn't see that one, what other MSM are on this besides CNN POLITICS,

WaPo, Bloomberg were the other two I saw on my first page.

I'm not going to debate politics with you on this board. Just know that a simple Google search shows that our interpretation of 'radio silence' is apparently different.
This post was edited on 5/13/21 at 5:39 am
Posted by Strannix
District 11
Member since Dec 2012
48901 posts
Posted on 5/13/21 at 5:54 am to
Lol yes, when you google "Larry Summers inflation"
quote:

I'm not going to debate politics with you on this board.


Good then get out of my thread simp, go cry somewhere else.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71037 posts
Posted on 5/13/21 at 6:55 am to
Summers is the dukke v of economics. We must be OK after all.
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