Collapse  

Larry Summers: ‘We Are Basically Moving Towards Higher Entrenched Inflation’

‘We’ve got an overheated economy’
By Grabien Staff
Current TimeВ 0:00
DurationВ -:-
Loaded: 0%
Stream TypeВ LIVE
Remaining TimeВ -:-
В 
1x

TRANSCRIPT:

SUMMERS: "We are basically moving towards higher entrenched inflation. It's there in expectations, it's there in wages, it's there in labor shortages, it's there in the pervasive pattern across many different prices. And people try to excuse it by picking this figure and that figure from month to month, but we've got an overheated economy."

Like our work? Support the cause.
$
/