Innovation will Solve the Inflation Problem. It Always Does
Entrepreneurs solve the Coordination Problem quickly and efficiently
Larry Summers was right.
It was May 2021 when the former Secretary of the Treasury said: “I think policy is rather overdoing it. The sense of serenity and complacency being projected by the economic policymakers, that this is all something that can easily be managed, is misplaced."
His prediction? Runaway inflation. Look at where we are today.
The peculiar…
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