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20VC Prediction Open · timeframe Jun 2028
Summers: Fed cannot lower inflation to target without an economic downturn
“My own view, and I've said this many times, is that what Samuel Johnson said about second marriage is true about soft landings. They represent the triumph of hope over experience, and I don't think we're likely to be able to bring inflation down to its target …”
Larry Summers Jun 12, 2023 ▶ 8:19 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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