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@folag 22 күн бұрын
The US capital market is more of a deal-driven one than Larry Summers is willing to admit.
@michaelgomez8023 Ай бұрын
What cost the Dems is that they were not and did not talk to the people who are concerned about what is going to happen to them if only because too many people are living away from one pay check away from being on the streets and the Dems did not have a conversation about what it's going to look like if they won
@FloydOLeary Ай бұрын
Closed borders. ?
@douglaswong8610 Ай бұрын
Inflation is for the poor people, the rich wouldn’t feel a pinch.
@joelwalter1494 Ай бұрын
Larry Dummers is only worried about Israel.
@Bluediver328 Ай бұрын
Fuck Summers he fucket up the economy yet he criticize others
@intercessorz7479 Ай бұрын
Milton Friedman said that 18 Ministries in USA can be on the chopping board without any consequence😉
@TomMcinerney-g9b Ай бұрын
Milt Friedman said a lot of thoughtful things and a lot of silly things; he was a bright fellow who made significant contributions and a lot of ridiculous assumptions and proposals;.
@dtsh4451 Ай бұрын
What the hell is Larry summer smoking? That 15 millions illegal aliens pouring through the border never concern him? Only thing he sees is labor and money 🤡😬?
@tvm73827 Ай бұрын
As his student I can say with high conviction that Larry is one of the most egotistical professors in the field of economics. That wouldn’t have mattered had he not been so wrong!!
@paulheydarian1281 Ай бұрын
My commiserations!
@patriceblakeway4421 Ай бұрын
Many things lead to inflation or deflation, covering only some of the items is incomplete. Try reviewing improvements in government efficiency and how it might effect the economy. Try consider improvements in automation and how it might effect the economy.
@kevinvincent2994 Ай бұрын
It’s strange trumps cult does not understand tariffs is just a tax on consumers Chinese, Mexicans or Canadians DONT PAY American consumers PAY DEMS are morons for keeping quiet about this ignorance
@richardsimms251 Ай бұрын
I like Professor Summers
@tfr7489 Ай бұрын
Tariffs would lead to deflation , not inflation … just like 1930s
@waspish Ай бұрын
More Larry Summers interviews!
@PhilMoskowitz Ай бұрын
Biden ignored inflation. Trump will too. After all Trump sought inflation inducing low interest rates during his first term.
@PuddlesMagoo Ай бұрын
Who cares anymore?
@happipat3374 Ай бұрын
Who are you going to heed in the future? 1:33
@KStutsman Ай бұрын
"All roads lead to inflation" -Paul Tudor Jones
@PhilMoskowitz Ай бұрын
Price gouging according Biden and the democrats.
@traviscutler9912 Ай бұрын
CNN pays Fareed to pee down your leg and tell you that it's trickling down "FREEDOM!" instead of boarded up empty Main St's, rust belts & homelessness? The Neoliberal concenus has failed, as people understand that "free trade" has been designed to screw them, so that the ultra wealthy can become DISGUSTINGLY even MORE WEALTHY AT THE EXPENSE OF EVERY ONE ELSE. The DNC base tried to vote for Bernie Sanders, twice, as such, the DNC donors punished them for not choosing a corporate hack in either 2016 or 2020 primaries. Therefore, they weren't even allowed to have a primary this time, as they couldn't be trusted to ensure the interests of the donor class over their own interests. Forcing on them the choice of a demented gameshow host with authoritarian tendencies OR a person without ANY IDEALOGICAL COMMITMENT's TO ANYTHING, WHATSOEVER, OTHER THAN NAKED SELF INTEREST, AS SHE'S ROLLED BACK EVER SINGLE POLICY POSITION THAT WOULD MAKE HER SLIGHTLY DIFFERENT FROM ANY OTHER POLITICIAN THAT AMERICANS OBVIOUSLY, OVERWHELMINGLY HATE!!!! I mean, let's remember that Kamala couldn't even beat Andrew Yang in HER OWN STATE?!?!? Fareed's millionaire "journalists" ALWAYS BLAME THE LEFT & working class people's ignorance rather than their complete and total sellout to billionaires!!!!! Can you remember one time, ever, even once that fareed had said anyone other than the Left is the problem & or oddly never the billionaires who pay CNN LOL!?! Despite the overwhelming unpopularity of the Wars in both parties, Fareed "accidentally forgot" to mention a single time that nobody supports killing children in Gaza!?!?!? (clearly depressing the youth vote, Muslims & jews). DNC keeping Biden's decline secret, the fact that DNC knows that Russia can't be beat, the fact that Bernie was screwed by the establishment twice and no primary at all this time, ignoring the fact that they let corporations buy up all the housing, that they crushed the rail workers strike and on and on and on..... No, I'm afraid no lessons have been learned, except that No matter how criminal they act or how obviously they sell out to billionaires, the DNC and it's corporate propagandist's like Fareed will continue to get rich for lying to the American people. My only hope is that they will continue to be shown as complete and total FRAUDS with not only zero morality but an actual malevolent hate towards real journalism as it threatens their ability to extract wealth for propaganda. The system works.
@liedersanger1 Ай бұрын
"It wasn't entirely Biden's fault"--he never gets to the fact that the inflation was brief and then every other country suffered from it immediately after the pandemic, for a variety of reasons.
@vincentengongoro2705 Ай бұрын
I don't not agree with Larry's assertion that we had a labor short economy and are now in a labor balanced economy.. and even if that were so, the question remains what to do with all the excess illegal border crossers and how do we get national security as the leading concern..
@stevenyu5384 Ай бұрын
There are ways to solve it without the draconian measures advocated by Trump. Canada is dealing with the same problem and yet the language used in the parliament is “let’s solve this problem,” and not “I will deport these criminals & rapists.”
@malanalan1 Ай бұрын
national security as the leading concern??? lol. Stop washing your brain.
@vincentengongoro2705 Ай бұрын
@stevenyu5384 other than crossing the border illegaly, I'd agree the majority of "undocumented immigrants" are not actual criminals and are here because they want a better life for their families and themselves.. That said, there are clearly violent criminals amongst them and without a secure border and a means of regulating immigration, an open border invites that element into this country.. we have enough of our own problem children born right here..we dont need more from another country.. unless you'd prefer to keep criminals and rapists, which no one should be ok with.. there is not another country on the planet where this type of immigration happens. No ther country would ever allow it.. its not safe and it's really not good for the economy or the immigrants themselves. There's an abundance of new immigrants everywhere.. and just like any time the law of supply and demand is broken, the over abundance of the immigrants is holding wages down for everyone
@vincentengongoro2705 Ай бұрын
@malanalan1 well, maybe you dont care or you cant see how this weakens a counties security.. but right now the system is a poop show and letting it continue on as is degrades this country in many ways. Would you not agree part of national security is national wealth? While we waste billions on fighting drug catels from bring fentynal into our country our youth become sociatal wastes, which in turn bolster the drug cartells strenth and weakens our country.. Additionally, there may not be thousands of terrorists crossing the border every day but according to "main stream media" there have been several and for me, 1 is 1 too many.. and to do nothing is not acceptable.. what would you say when (not if) the day comes that either a Islamic terrorist or a narco terrorist decides to blow up a bus, or a store, or a school where maybe someone you know or love is injured or worse? I'm not willing to wait until it happens just so I could say, see i told you so.. I'd prefer action were taken beforehand so we can at least say we did our best. Right now, we're doing nothing.. I'm not advocating for total and complete deportation.. I think once Trump thinks it thru he'll realize he'll have no one to trim the hedges at Mara Largo.. But close the border, get an accounting of who's here, toss out the criminals, hunt down potential terrorists in our country..how can any US citizen not think that's a good idea. Unless you just don't care?? Which is possible
@kevinnoah-i4o Ай бұрын
@@malanalan1We ain't under attack. Fear mongering is what it is.
@andrewhildenbrandt5024 Ай бұрын
So we are now at a point where the hatred for Trump is so much and the propaganda machines will to say anything as long as it's against Trump we put Larry Summers on to criticize and use as an expert. The treasury leader responsible for letting the investment banks leverage debt 60 to 1 and create their derivatives to take home billions and leave the world and economy in shambles in 2008 then take bailout money with no accountability is amazing.
@ElainEmail-m7q Ай бұрын
Inflation is a word in a household's budget, a very stressful word... Inflation is a word to skip to people in politics to avoid unpopularity... So, the same word has different feelings ?
@richardwrynn824 Ай бұрын
When Powell's term ends Trump will install a wacko fed chair who will make Jimmy Carter's economy look stable.
@neuropuritan_zealot8455 Ай бұрын
Audio mixing needs to be fixed, Larry. This is mono
@origamicrane685 Ай бұрын
Well said. Should we put our cash in 5-year TIPS?
@KrisToCool Ай бұрын
Lolololol boo hooo Larry. You had your chance you globalist goon!
@morbidfaulkner7872 Ай бұрын
Go get another drink 🍷
@morbidfaulkner7872 Ай бұрын
The Fed wants to control price inflation, by making it harder to borrow money, but does nothing to address fuel prices. Economists...my arm!
@kirkmcgee1 2 ай бұрын
Lawrence, here is a good saying you can use: "People were not dying by the millions when government wasn't spending trillions." Useless agencies like the Dept. of Indoctrination, I mean Education, need to go.
@oneworldengineer 6 ай бұрын
I dI’m not get it.. when did America became a Jewish country?
@aihong2971 6 ай бұрын
So you are saying economists are redundant. Thank God!
@inconvenientTruther 6 ай бұрын
Lol, talking out of his ass
@theodorearaujo971 6 ай бұрын
If not for government subsidies and direct payments there would have been zero growth in the last 4 years. We are in an asset and debt bubble and it is about to burst. The government should get out of the way and let the recession happen. House and vehicle prices need to decline by 50%. The Fed should have interest rates at 8%.
@vijaymujumdar5617 6 ай бұрын
For doubling GDP how much more energy will be needed? Certainly much much more than being consumed today. What will happen to our planet to realise this growth? Why this rat race or fetish for growth? What instead is needed is de growth, more so in the population of this planet. Only that will prevent the planet from choking itself.
@theodorearaujo971 6 ай бұрын
Did Summers have a stroke?
@avbhinaya 6 ай бұрын
Who is this guy? Joe Biden?
@user-nc9pc3gr4c 6 ай бұрын
You can't name ten because they are afraid
@FoundingFathersUSA 6 ай бұрын
Well said. 👍
@FoundingFathersUSA 6 ай бұрын
The rest of the world is not American. It doesn’t want to be or just sucks. That’s the problem, Larry.
@FoundingFathersUSA 6 ай бұрын
Smart man, but he does not get it when it comes to President Trump. Back to the drawing board.
@gideonocholi130 6 ай бұрын
If you don’t learn how to fix your tire someone is going to get richer off you
@ciroalb3 6 ай бұрын
he never looks at Sorkin
@valdomero738 6 ай бұрын
Two J's. Enough said.
@FoundingFathersUSA 6 ай бұрын
And you watched it. Monkey.
@markusd.7409 5 ай бұрын
Somebody with inferiority complex issues has found a euphemism 😂😂😂
@ELIOSANFELIU 6 ай бұрын
Global GDP¡¡
@eanerickson8915 6 ай бұрын
The American banking system has been taken over by ........
@dankuo8561 6 ай бұрын
A totally partisan discussion of inflation here attributed to possible tariff increases in a Trump administration is neglecting the high inflationary democrat government waste of public resources that will spiral out of control. Only when economic productivity outpaces government largesse can we restore the balance of prosperity. Tax and spend policies will not end well.
@sleepymeow7156 6 ай бұрын
In 60's and 90's US didn't have 34 trillion debt, and US certainly didn't have presidents like Trump and Biden...🤦🏼♂
@ssbein 6 ай бұрын
There’s 3,000 years of antisemitism. Yes racism is part of the human condition. Why do you keep exceptionalizing your victim hood. The world is pretty tired of your cry-bully rhetoric. And that’s not because you’re Jewish.
@raptango_na6199 6 ай бұрын
"These things are incredibly complicated" In other words, he doesn't want to admit that liberals are just looking to take a side to make themselves feel important.
@winnluke1976 6 ай бұрын
Larry, I've never been more convinced of your lack of wisdom than after watching this video. With your vocabulary of 'us' and 'them' you are the one politicising universities. Then you go on to complain about the politicisation of universities. What have you been taking?
@FoundingFathersUSA 6 ай бұрын
He knows them well and knows they’re effed up.