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This week, Former US Treasury Secretary Lawrence H. Summers says that President Trump’s policies are “self-inflicted” wounds …
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@1:50 I am not an Economist, so can someone please explain to me why Summers is seemingly ex ante describing a negative supply shock? From a steady state perspective this exact set of data would likely have been chalked up to the difficulties in the last mile under the two mandates- I don’t like the headlines anymore than anyone else, but I dislike bias more and more every day.
What a clown 🤡 economist for condoning trillions in fraudulent printing of dollars while complaining about finding and stopping fraud and abuse!!wow, just wow 🤡
Ask him about transitory inflation and his terrorist parties threat to democracy for attacking cars and auto dealers!!
After much research I wouldn't own one unreliable time-consuming and not cost worthy
Wtf? There is no risk of authoritarianism. The level of hysteria from the left is unreal. The point of policy is not to deliver certainty as Larry puts it, but to achieve some outcome (in the case of tariff, free trade). What we have now is not free trade. That is not that hard to understand.
Larry Summers has summarized it well and if you go back, he has been more right than wrong about the economy.
Mr. Powell's bull wacky seems to be well anchored and somewhat elevated.
Wonderful gas and oil segment… I now.
Have a better understanding… Thank you❤
Edit: This is the first time i've watched this youtube channel… I used to watch you on television years ago…lol
But I'm impressed, this was really good. I guess I will hit some of your past programs.❤
Larry Summers knows nothing about rule of law
Larry Summers policies based on Kainsean economics caused irreparable damage
Larry Summers is as pathetic as his reckless Kainsean economics as his critiques are as empty as Bloomberg
So Larry is indirectly telling rich people to buy put on the stock market, and blaming on Republican on the correction.
Manufacture local and you will also eliminate Global pollution, the burning of bunker oil, and millions of pounds lost merchandise that are polluting the seas from sunken tankers.
Tired of Larry
This must have been recorded some time ago.
Court orders have already been ignored.
So we will be driving 20th century cars powered by gas, while the rest of the world driving 21st century EVs made in China at fraction of the cost. Works for China and the rest of the world!
Larry summers is making a fo;ol of himself at this point… calling for a movement to resist Trump? Listen Larry, Trump was democratically elected… in a landslide victory…. please mention China and their strategy of dumping western industry with subsidized products
the oligarchs are taking over DC
The world Has Decided to reject everything Americana Including energy.
Larry is dead set on protecting the 100 year grift from academia, big corporations, and military industrial complex.
You can get inflation down simply by taking provision stores out of the hands of indians. Retail inflation will plummet like the apple on newtons head.
Really like the way Larry Summers explained his concerns – but seems like no one else is as worried. Ignore the elephant in the room!! At our peril
the oil market Is a dying market and only an old guy like the president can invest in it in 2025
Congratulations for your excellent video on economic and financial stories on the U.S., energy policy and real state and private capital…
Brilliant !
Summer, the Clinton’s right hand man
Frack baby, Frack! 😂
Larry lost his mind (again)
Summers points to the evidence as many others. Why not trying something original, like a playbook to save democracy ? The problem is fascinating. AIPAC makes sure that the Dems shut up, as did Garland. So Congress will be useless. The movement must come from the states: which ?
I'm one of the old people that remembers the term "Bond Vigilantes" from the 70's. ie what happens if the Fed lowers rates and there is a shortage of debt/treasuries buyers. Fed loses control of interest rates? ie supply of debt issuance is greater than willing buyers ….investors demanding higher interest rates than fed fund rate. Game over for the Fed? This would be a good subject for one of your next video. You younger guys have some history to learn about the debt markets of old. I've personally benefited from following Luna Dyami trading tactics, amassing 13 bitcoins in a short two-month period, I just trade than hold on a Future I am not sure about