The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 3 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Insight
Summers: Economic laws cannot be suspended for political convenience
“That there are laws and regularities in economics and social science Just like there are in physical or biological science that cannot be suspended for political convenience. If you print too much money, you will have too much inflation. If you control prices,…”
Larry Summers Jun 12, 2023 ▶ 41:04 Larry Summers: How the Fed screwed up; What a Trump win would do to the economy | E1024 · 20VC with Harry Stebbings
Insight
Summers: Unmanaged inflation hits the poorest members of society hardest
“The way to hit the poorest parts of society hardest is to not manage inflation. You and I can configure our financial affairs so we're hedged against inflation. We may even, by borrowing money, Be able to be beneficiaries of inflation as we pay it back in chea…”
Larry Summers Jun 12, 2023 ▶ 42:40 Larry Summers: How the Fed screwed up; What a Trump win would do to the economy | E1024 · 20VC with Harry Stebbings
Insight
Summers: The dollar retains dominance via English language-like network effects
“So I think the dollar has a lot of the kind of advantages that the English language has. It's right now kind of where everybody else is, and so that makes it where everybody wants to be.”
Larry Summers Jun 12, 2023 ▶ 29:01 Larry Summers: How the Fed screwed up; What a Trump win would do to the economy | E1024 · 20VC with Harry Stebbings
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