2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Larry Summers on How to Manage Inflation; Should We Increase Rates Even Higher, Why We Need To Change The US Tax System, Why Europe is a Museum, China is a Jail and Bitcoin is an Experiment & How a Trump Win Would Hurt the US Economy

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

The Need to Find More Revenue in the United States

The IMF and governments still stick with conventional fiscal rules that constrain public sector growth enhancing spending. I do think that it's appropriate to pay attention to the growth of debt. But I certainly don't think we should be putting any arbitrary ceiling on the level of government spending given the magnitude of national security needs in our country.

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