We Can Have Persistent Inflation and Transient Inflation: Summers

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  • Bloomberg Markets and Finance published this video item, entitled “We Can Have Persistent Inflation and Transient Inflation: Summers” – below is their description.

    Jun.11 — Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, says that it’s a fallacy to think that transient inflation means we cannot have persistent inflation. He points to the labor and housing markets as examples of persistent inflation. He joins David Westin on “Bloomberg Wall Street Week.

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