Shades · @shades
368 followers · 224 posts · Server kolektiva.social

by in :

"It is now clear that Summers was wrong. His call for austerity was premised on the notion that only a sharp increase in unemployment could prevent a ruinous wage-price spiral. In reality, both wage and price growth have been slowing for months, even as unemployment has remained near historic lows. Summers’s failure to anticipate this outcome should lead us to reconsider just how prescient his analysis of the post-COVID economy ever was."

nymag.com/intelligencer/2023/0

#ericlevitz #Intelligencer #LarrySummers #inflation #unemployment #austerity #cpi

Last updated 2 years ago

The Resistance 1776 · @TheResistance1776
458 followers · 3710 posts · Server brighteon.social
The Resistance 1776 · @TheResistance1776
458 followers · 3709 posts · Server brighteon.social
The Resistance 1776 · @TheResistance1776
458 followers · 3708 posts · Server brighteon.social
DILBERLF · @findoctrine
149 followers · 1507 posts · Server kolektiva.social

wants to bail out the SVB depositors 100%.

fuck him, & fuck this society’s rotten, continuous policy of socialized risk & privatized reward.

motherfucker argued vigorously against student debt forgiveness, but won’t let any millionaires suffer to lay in the beds they’ve made for themselves. bloomberg.com/news/articles/20

#LarrySummers #socialismoftherich

Last updated 2 years ago

DILBERLF · @findoctrine
148 followers · 1504 posts · Server kolektiva.social

wants to bail out the SVG depositors 100%.

fuck him, & fuck this society’s rotten, continuous policy of socialized risk & privatized reward.

motherfucker argued vigorously against student debt forgiveness, but won’t let any millionaires suffer to lay in the beds they’ve made for themselves. bloomberg.com/news/articles/20

#LarrySummers #socialismoftherich

Last updated 2 years ago

Eleanna Of Tundar · @EleannaOfTundar
10 followers · 540 posts · Server mastodon.world

Larry Summers: “Ask for higher wages, your job will vaporize. And then us old rich fucks will scream ‘nobody wants to work’.”

#eatthefuckingrich #LarrySummers #Reaganomics #inflationispricegouging

Last updated 3 years ago

Cryptocurrency News Worldwide · @CryptoBot
1257 followers · 64431 posts · Server aspiechattr.me
Mike Bennett · @mikehypercube
66 followers · 780 posts · Server mastodon.nl

RT @Bonn1eGreer@twitter.com

predicted a downturn in the US when everyone else thought that the stimulus checks etc. would stop it.

They didn't.

checked in with him before he said "yes" to Biden's economic plan.

Be afraid.
Be very afraid.
👇🏿 twitter.com/DonPedley1/status/

🐦🔗: twitter.com/Bonn1eGreer/status

#joemanchin #LarrySummers

Last updated 3 years ago

Cryptocurrency News Worldwide · @CryptoBot
1256 followers · 64418 posts · Server aspiechattr.me
Cryptocurrency News Worldwide · @CryptoBot
1256 followers · 64420 posts · Server aspiechattr.me
Parliamo di news! · @parliamodinews
15 followers · 87555 posts · Server masthead.social