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The Right Coast
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New concern for Biden: Could Larry Summers be right about inflation? – POLITICO

By Thomas A. Smith

There is a new fear circulating inside the West Wing of the White House: Maybe Larry Summers was right.

The former Treasury secretary has been warning since February that President Joe Biden s big-spending agenda was creating the risk of an inflation spike this year, potentially cutting into the economic recovery from the Covid-19 pandemic.

via www.politico.com