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Soft Landing: Larry Summers On Inflation, Debt, And A Looming Recession
GoodFellows: Conversations from the Hoover Institution
Do You Think the Fed Will Overdo It?
Inflation and unemployment leads the fed to raise interest rates in a huge, big hurry, which causes the recession. The inflation ray anglis that we heard to day was for this month, annualized to about 15 %. Do i think that number's going to come down? Yes, i do think it's going to coming down. I think those timing mechanisms are going to change the measured c p i inflation. Is very profound, and is a reasony i i think we are not going to succeed in bringing inflation down to its target level on the currently envisioned monetary policy path.
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