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Larry Summers Isn’t Losing Sleep Over Bubbles But Yellen Leaving Would Keep Him Up At Night
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By Larry Summers for WaPo
I will not be attending Jackson Hole this year but I will be thinking about some of the issues under discussion. As I have written recently, I think the period going forward will be more challenging for central banks than the preceding few years. I will sleep best at night if Janet Yellen is reappointed.
Even though the Fed has raised rates more than I would have preferred and done far more signaling of future rate hikes than has seemed re
Larry Summers. Father of negative interest rates, destroyer of Glass-Steagall and leading enabler for the Global Financial crisis. Of course Mr Negative Rates thinks 1% interest rates in a hyper-inflationary environment is too high. This guy never worked a day in his life on the street. He couldn’t last ten minutes as a trader without blowing out the account. He is a hopeless, clueless, liberal, jerk-off. Die already you POS!