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Coming to Grips With Inflation Fears

There have been many warnings, most notably from former Treasury Secretary Larry Summers, that President Biden’s robust recovery package would lead to spiraling inflation. I have written several times that I don’t think the inflation hawks are right, b…

There have been many warnings, most notably from former Treasury Secretary Larry Summers, that President Biden’s robust recovery package would lead to spiraling inflation. I have written several times that I don’t think the inflation hawks are right, but their warnings deserve to be taken seriously. The most recent evidence supports the view that, for More

The post Coming to Grips With Inflation Fears appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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