This guy is in charge not Yellen or Powell… tells Biden what to tell them… thinks we’re headed for recession due to the monetary policies of higher risk free rates and quantitative tightening… ie textbook Art degree monetarism 101…Former Obama economic advisor Larry Summers says "there is a very high likelihood of recession" and it's "very unlikely" the U.S. will have a "soft-landing" pic.twitter.com/SkBNd2jUBx— RNC Research (@RNCResearch) July 24, 2022
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This guy is in charge not Yellen or Powell… tells Biden what to tell them… thinks we’re headed for recession due to the monetary policies of higher risk free rates and quantitative tightening… ie textbook Art degree monetarism 101…
Former Obama economic advisor Larry Summers says "there is a very high likelihood of recession" and it's "very unlikely" the U.S. will have a "soft-landing" pic.twitter.com/SkBNd2jUBx
— RNC Research (@RNCResearch) July 24, 2022