Summers: We're 'Facing Real Risks' of '1970s-Type' 'Stagflation'
[ad_1] On Friday’s broadcast of Bloomberg’s “Wall Street Week,” economist Larry Summers acknowledged that “we’re now facing real risks of a 1970s-type scenario…the same kind of broad phenomenon of stagflation.” And that that is partially “a response to the extreme stimulation [ad_2] Source hyperlink