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Summers on the consumer price surge: time to worry about inflation?
Video Credit: Bleacher Report AOL
Published on July 17, 2021 - Duration: 08:48s
Summers on the consumer price surge: time to worry about inflation?
Consumer prices are up 5.4% in the past year.
Gas is up 45%.
Former Treasury Sec’y Lawrence Summers says that while the Fed shouldn’t raise the interest rate yet, it should do things like ‘stop buying mortgages…when the housing market is on fire.’
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