The top economist who knew inflation would be a disaster says get ready for a bumpy recession ride: ‘Soft landings represent a kind of triumph of hope over experience.’

This post was originally published on this site

https://content.fortune.com/wp-content/uploads/2022/07/Larry-Summers-e1658757925131.jpg



‘Soft landing’ recession scenario unlikely amid stagflation, inflation: Larry Summers | Fortune