Is Larry Summers Goading Jerome Powell To Kill The Economy?
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Guessers of the unguessable are right half the time. Larry Summers was lucky to predict inflation based on an argument about stimulus raising prices that's unsupported by the facts. Now he's using his "clairvoyance" to goad the Fed to overreact and kill the economy.
Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic.