Inflation Was 18% in 2022
by Brian Wang from NextBigFuture.com on (#6MKBK)
Ex- Treasury Secretary Larry Summers and IMF Economists said the pre-1983 inflation formula would have record inflation in 2022 at 18%. The new paper by a group of economists from Harvard and the International Monetary Fund, headlined by former Treasury Secretary Larry Summers said that that rising interest rates were as much a part of ...