Larry Summers Gets His ‘Told You So’ Moment on Inflation

 

 

The Harvard professor, former Treasury secretary and paid Bloomberg contributor rained on everyone’s parade last spring by warning that the U.S. government’s generous bailout payments might spawn inflation—a bogeyman many others discounted. Fast-forward to today and many economists are (sheepishly) admitting he was more right than wrong about rising prices. The Federal Reserve has jettisoned the word “transitory” from its vocabulary, and President Joe Biden’s approval rating is suffering as the nation endures 6.8% inflation.

https://www.bloomberg.com/news/articles/2021-12-23/transcript-larry-summers-gets-his-told-you-so-moment-on-inflation

所有跟帖： 

• 别说喊transitory的那些人都不知道自己在忽悠。都是聪明人，都不傻 -randomness- ♀ (0 bytes) () 12/26/2021 postreply 12:56:35

• 跟当初说口罩没有用是差不多的伎俩 -zeno- ♀ (0 bytes) () 12/26/2021 postreply 13:01:50

• 萨默斯主张明年加息四次。估计这次联储局加息不会太顾及股市了，通胀厉害他们会行动的。 -眼镜- ♂ (0 bytes) () 12/26/2021 postreply 13:01:35

• 萨默斯曾告诉同事，非州污染少，人均寿命低，如果把污染引去非洲，对非洲无害，对世界是好事。女儿的经济学课上还讨论过这个观点。 -mingl98- ♀ (0 bytes) () 12/26/2021 postreply 13:55:00

• 应该说对非洲的损害比较少，如果补贴一点，对非洲会是利好，对发达国家也好，是Pareto improvement -mjnew- ♂ (709 bytes) () 12/26/2021 postreply 16:13:16

• 这说的，do I get a "I told you so" moment? -tibuko- ♂ (0 bytes) () 12/26/2021 postreply 14:08:48

• 天天印钱，inflation 肯定迟早要来。只是不知道什么时候来。 -mingl98- ♀ (0 bytes) () 12/26/2021 postreply 14:19:00

• 如果一个人天天出去抢劫，我可以预测他早晚会被抓住的。 -mingl98- ♀ (0 bytes) () 12/26/2021 postreply 14:22:00

• 不过这是建立在非洲人永远命短的假设上。所以也牵扯到道德问题。 -mingl98- ♀ (0 bytes) () 12/26/2021 postreply 16:22:00

• 感谢大拿们围观 -蓝调- ♀ (0 bytes) () 12/26/2021 postreply 20:38:02