Inflation Caused by Fed Dismissing Concerns as Transient: Summers

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  • Bloomberg Markets and Finance published this video item, entitled “Inflation Caused by Fed Dismissing Concerns as Transient: Summers” – below is their description.

    Mar.05 — Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, says that every great inflation is caused by a central bank that dismisses it as transient. He thinks the Fed should be prepared to cause pain if it wants to get inflation under control. He joins David Westin on “Bloomberg Wall Street Week.”

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