Posted on 07/19/2021 11:43:34 AM PDT by ChicagoConservative27
Claim: “There’s nobody suggesting there’s unchecked inflation is on the way. No serious economist,” President Joe Biden said on Monday.
Larry Summers is worried about inflation. He has been the Treasury Secretary under Bill Clinton, director of the National Economic Council under Barack Obama, chief economist of the World Bank, and president of Harvard University. He is one of the most prominent economists in the United States today.
Summers has been warning that the Biden administration’s policies risked inflation and overheating several months ago, a topic he returned to on Twitter last week.
(Excerpt) Read more at breitbart.com ...
We’ll know about Inflation the moment Elon Musk starts building Electric Wheelbarrows so we can fill them with Cash to go buy a loaf of Bread.
No
serious
economist
/\
\/
I wish we could pass
anti-weasel legislation
that prohibits
the use of adjectives
to camouflage nouns
by politicians.
. I’m sick of adjectives..
Widespread
and
Convincing
are the ones I hate most.
They are not worried about it. they welcome it. Inflation redistributes assets from he middle and working class people to the government and the uberwealthy.
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