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Davos 2023: Global Economic Outlook: Is this the End of an Era?

World Economic Forum

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Did Team Transitory Get the Causes of Inflation Right?

Larry Summers has been a bit of an economic grouch since secular stagnation. But it sounds like you might be coming round to the idea that maybe a soft landing could be somewhat achievable. So did team transitory get the causes of inflation right? It just got the timing wrong, he says. And as in many journeys, the last part of the journey is often the hardest.

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