Larry Summers: Worst Inflation Risk in 40 Years

inflation risk is rising as the Fed continues to blow bubbles

For years governments and central banks have employed quantitive easing or stimulus to inflate assets and calm nervous investors. It appears that record-low interest rates are finally spurring real inflation, at least in real estate, stocks, and other assets. As the printing presses roll, almost everyone believes inflation risk is real and forthcoming. Larry Summers […]

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