Former Treasury Secretary Admits Doubts On Soft Economic Landing – Looks To Global Institutions For Solutions
February 26, 2023 at 19:30 PM EST
Former Treasury Secretary under Bill Clinton, Larry Summers, joins Bloomberg to answer questions on persistent inflation indicators despite Federal Reserve tightening measures and rising interest rates. Summers, with some carefully chosen words, essentially admits what alternative economists have been warning about all along – That short term positive indicators are misleading and that longer term […] Source