Larry Summers@LHSummers · Aug 8The Fed's decision today was defensible. The statement explaining it was not.1.86K3.73K16.8K939.9K4.56K
Larry Summers@LHSummers · Jul 6Tariffs are a tax on American consumers. This has been true since Smoot-Hawley and it is true now.6071.22K5.47K358.7K1.07K
Larry Summers@LHSummers · Jul 17I worry that the combination of loose fiscal policy and a politicised central bank is how you get 1970s outcomes.6791.36K6.11K318.1K1.18K