
America’s Credit Rating Went Down. So What?
Slate Money
00:00
Larry Summers' Wrong Number
Larry Summers declared in 2022, a year ago, that we would need two years of 7.5% unemployment in order to get inflation back down. That was his macroeconomic wisdom coming out. And I say that just because inflation is down and where is unemployment as of the July jobs report, 3.5%. So I felt like I should have another Larry Summers' wrong number. Everyone, this is now become an investment advice show and you should all go out and buy triggers coins because this is clearly the future.
Play episode from 47:51
Transcript


