Tag Archives: Larry Summers is correct about stimulus and covid 19 damage

Larry Summers is correct about the needed stimulus and accurate about making it clear that in terms of the low interest rate that the Fed and other national western central banks have posted there is no reason to worry about the deficit or debt and its impact upon the exchange rate of the US dollar nor inflation.

Former American treasury secretary and former Harvard University PresidentLarry Summers has reached some very progressive conclusions about American stimulus and how to finance it. He appeared this Sunday on MSNBC‘s Fareed Zakaria and clearly and forcefully explained what economists like … Continue reading

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