Yahoo Finance Presents: Larry Summers, Fmr U.S. Treasury Secretary

Yahoo Finance published this video item, entitled “Yahoo Finance Presents: Larry Summers, Fmr U.S. Treasury Secretary” – below is their description.

#LarrySummers #USTreasurySecretary #recession

This segment originally aired on Aug 5, 2022.

Yahoo Finance’s Jennifer Schonberger is joined by Former NEC Director & Former U.S. Treasury Secretary, Larry Summers, as they discuss the Inflation Reduction Act, inflation in the United States, and the possibility of a recession.

Yahoo Finance YouTube Channel

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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