Larry Summers Was Wrong About Inflation

3 years ago by psychothumbs to c/economics

The economist predicted that the Fed would need to push unemployment above 5 percent to contain price growth. Whoops.
Skooby1 1 point 3 years ago
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bernieecclestoned 1 point 3 years ago

Summers has called for 5 percent unemployment for five years or 10 percent for 1 year to tame inflation

Dude's insane

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