The Roll of Wages

Our pocketbooks are reeling from May's 40-year high inflation, and price gains don’t seem to be easing. Former Treasury Secretary Larry Summers saw this coming last year, when he predicted inflation would become a big problem in the U.S. What's his money on now? Andy asks Larry to make predictions about how the federal government’s attempt to lower inflation by raising federal interest rates could impact the price of gas, our jobs, home values, and retirement accounts. Larry has an answer.

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