3min chapter

GoodFellows: Conversations from the Hoover Institution cover image

Soft Landing: Larry Summers On Inflation, Debt, And A Looming Recession

GoodFellows: Conversations from the Hoover Institution

CHAPTER

What's the Difference Between the Fed and the Fed?

Sommers: I think the same kinds of psychological and organizational mechanisms are at playo. The Fed is not raising interest rates anything like the current even core inflation rate, let alone the headline inflation rate. A lot of people to believe our colleague, bob hall, i can cite him here, says, john, forget about the stuff inflations. That's all you ever need to know.

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