by #EricLevitz in #Intelligencer:
"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."
https://nymag.com/intelligencer/2023/06/larry-summers-was-wrong-about-inflation.html
#ericlevitz #Intelligencer #LarrySummers #inflation #unemployment #austerity #cpi
Epstein Docs Reveal Secrets on Bill Gates, Larry Summers, Woody Allen Hour 3
#News #LarrySummers #AmericanJournal #Epstein #BillGates
#BillGates #epstein #AmericanJournal #LarrySummers #news
Epstein Docs Reveal Secrets on Bill Gates, Larry Summers, Woody Allen Hour 2
#News #LarrySummers #AmericanJournal #Epstein #BillGates
#BillGates #epstein #AmericanJournal #LarrySummers #news
Epstein Docs Reveal Secrets on Bill Gates, Larry Summers, Woody Allen Hour 1
#News #LarrySummers #AmericanJournal #Epstein #BillGates
#BillGates #epstein #AmericanJournal #LarrySummers #news
#LarrySummers 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. #SocialismOfTheRich https://www.bloomberg.com/news/articles/2023-03-10/summers-sees-no-systemic-risk-from-svb-if-depositors-protected
#LarrySummers #socialismoftherich
#LarrySummers 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. #SocialismOfTheRich https://www.bloomberg.com/news/articles/2023-03-10/summers-sees-no-systemic-risk-from-svb-if-depositors-protected
#LarrySummers #socialismoftherich
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
#eatthefuckingrich #LarrySummers #Reaganomics #inflationispricegouging
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud
https://news.bitcoin.com/former-us-treasury-secretary-larry-summers-compares-ftx-collapse-to-enron-fraud/
#LarrySummersSamBankman-Fried #SamBankman-Fried #FTXclassicfraud #LarrySummersFTX #FTXBankruptcy #LarrySummers #Regulation #FTXLehman #FTXEnron #FTXfraud #ftx
#LarrySummersSamBankman #SamBankman #FTXclassicfraud #LarrySummersFTX #FTXBankruptcy #LarrySummers #regulation #FTXLehman #FTXEnron #FTXfraud #FTX
RT @Bonn1eGreer@twitter.com
#LarrySummers predicted a downturn in the US when everyone else thought that the stimulus checks etc. would stop it.
They didn't.
#JoeManchin checked in with him before he said "yes" to Biden's economic plan.
Be afraid.
Be very afraid.
👇🏿 https://twitter.com/DonPedley1/status/1573328224834273281
🐦🔗: https://twitter.com/Bonn1eGreer/status/1573428693665472514
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
https://news.bitcoin.com/economists-say-fed-could-shrink-balance-sheet-in-2023-critics-insist-central-bank-hasnt-reduced-qe-at-all/
#OccupytheFedMovement #quantitativeeasing #LHMeyereconomists #monetaryexpansion #FederalFundsRate #HolgerZschaepitz #forecastingfirm #FederalReserve #inflationrate #USCentralBank #jeromepowell #LarrySummers #OccupytheFed #moneysupply #PeterSchiff #CPI
#OccupytheFedMovement #quantitativeeasing #LHMeyereconomists #monetaryexpansion #FederalFundsRate #HolgerZschaepitz #forecastingfirm #federalreserve #inflationrate #USCentralBank #jeromepowell #LarrySummers #OccupytheFed #moneysupply #peterschiff #CPI
Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’
https://news.bitcoin.com/krugman-says-he-was-wrong-about-inflation-summers-talks-recession-biden-criticized-over-half-truths-and-fibs/
#chairmanofEvercoreISI #economiccommunication #Inflationarypressures #BidenAdministration #AmericanRescuePlan #AspenSecurityForum #economicadviser #inflationspeak #NationalReview #dubiousclaims #peakinflation #KevinAHasset #LarrySummers
#chairmanofEvercoreISI #economiccommunication #Inflationarypressures #Bidenadministration #AmericanRescuePlan #AspenSecurityForum #economicadviser #inflationspeak #NationalReview #dubiousclaims #peakinflation #KevinAHasset #LarrySummers
Gli americani sono pronti a pagare un extraprezzo per difendere la libertà, ci dice Larry Summers | Il Foglio #Covidevaccini #GovernoDraghi #LarrySummers #JoeBiden #StatiUniti #VladimirPutin #Russia #Ucraina #guerrainucraina #Kiev #26maggio https://parliamodi.news/article/aHR0cHM6Ly93d3cuaWxmb2dsaW8uaXQvZXN0ZXJpLzIwMjIvMDUvMjUvbmV3cy9nbGktYW1lcmljYW5pLXNvbm8tcHJvbnRpLWEtcGFnYXJlLXVuLWV4dHJhcHJlenpvLXBlci1kaWZlbmRlcmUtbGEtbGliZXJ0YS1jaS1kaWNlLWxhcnJ5LXN1bW1lcnMtNDA0MjY4OC8=
#26maggio #kiev #guerrainUcraina #ucraina #russia #vladimirputin #statiuniti #joebiden #LarrySummers #GovernoDraghi #Covidevaccini