Larry Summers Warns of Inflation Risks
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former Treasury Secretary Larry SummersMoneywise
•Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025
75% Informative
Larry Summers warns that Donald Trump's policies could drive inflation even higher than the levels triggered by his predecessor’s actions.
Inflation has eased in the U.S. in October , but Summers remains vigilant, warning, “I am fearful that the Fed is going to be more like once burned, twice burned, on inflationary risks” Inflation impacts everyone by eroding the purchasing power of money.
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