In an exclusive interview with Meet the Press, former Treasury Secretary Larry Summers talks about rising inflation and the possibility of recession in the next 12 months. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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#Covid #Inflation #Economy
Full Larry Summers: Covid, Stimulus, War Created ‘A Perfect Storm’ For Inflation
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Bidenflation was already at 7% when Putin started heading to Ukraine.
Don't forget Trump trashing our trade agreements worldwide and closing the borders to cheap labor.
Hey NBC maybe carrying water for the Democrats wasn't such a good idea..
Biden price spike and inflation.
This is what happens when you attack your own domestic oil and gas industry.
Great doctor prevents diseases. Good doctor diagnoses and treat diseases. Mediocre doctor misses diagnoses but be able to treat diseases. Inferior doctor treat wrong diseases with wrong treatments. The Fed is committing economic malpractice. Not only they miss the diagnosis but prescribing inadequate treatment. Americans will suffer unfortunately.
Inflation on FOOD and Gas (both gasoline and natural gas) is bad, very bad.
You mean joe Biden created this?! Literally … on day 1
So basically the American taxpayers continue to bear the full load of poor executive and legislative fiscall decisions that targeted bolstering financial positions of US corporate oligarchs??
i think this is a feed the beast at the top, starve the plebes at the bottom guy.
អរគុណ
ALL THE UKRANIANS NEED IS LONG RANGE AND ANTI AIR DETECTION SYSTEMES, ANTI SHIP LONG RANGE DEFENSE-OFFENSE EQUIPMENT TO DEFEAT THE RUSSIANS
"Why is Covid in China Spreading Again? because the Covid factory in Taiwan hasn't been destroyed… that's why U.s + Nato is trying to protect Taiwan!!! ….. So,When will the justice Destroy FACTORI VIRUS in Taiwan ??? like destroy in ukraine ???… Go go go… Save The World!!!"
The federal reserve is the biggest scam in the history of humans.
Biden now has a 33% approval. Down from 40% a week ago!
Ok Larry so r u gonna sell me cigarettes for 5$ a pack?
81 million people voted for this!
Every time I see Larry Summers' face on major media, I remember him being one of the major architects of the 2008 financial crisis, and I wonder how he keeps getting his mug on mainstream media.
ATTENTION!!! Jesus loves all of you reading this and is coming back for his bride. Hallelujah and you are loved.
Talking hats love to blame covid and the Russian invasion for the high inflation we now see. I, on the other hand, watched it from the beginning. We had some of the lowest gas and food prices under Trump, even during covid. Then Biden took office and the next day prices began rising at the pump, followed later at the supermarket. Prices were already skyrocketing before anything happened in Ukraine! Yes, Ukraine has added to it, but Biden got the inflation ball rolling. I call it Bidenflation.
Anybody in congress have any common sense or logic beside Bernie Sanders. 🤔
Give AMERICANS STIMULUS AND STOP SUPPORTING EVERYONE ELSE.
He's not getting my vote next time around. Giving away money and supporting foreigner with tax payers money
I still own 400 taxes from 2012 due to the government keep penalizing me. Wtf is going 😳 on on American. Babylon is falling.
I believe < that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Derek Ross has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 11 BTC lately. You can reach Derek on ͲeIєɠɾαm👉DerekRoss
Here is a link to the best news I have ever found. https://www.youtube.com/watch?v=6UW04JHaSdg
Great Interview !! WoW who is this guy, basically were broke, No Jobs, No food and all this channel wants me to do is send my money to Ukraine !! Support another WAR, More weapons for Ukraine War No Money for People of the US
I did NOT vote for Biden.
Question: Will the US and NATO be obliged to stop Putin directly because of the inflationary and famine pressures he is causing with his war on Ukraine.?
This guy got stuck in .5 playback 😂🍻
👏👏👏 SOFT LANDING 👏👏👏 SOFT LANDING!!!
This will continue up to the midterms if you don't get what I'm talking about bless your heart you never will meet the left with high school graduate chuck Todd