Larry Summers: U.S. Economy Needs a Protracted Fiscal Infusion

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Jul.28 -- Lawrence H. Summers, former U.S. Treasury Secretary and a Bloomberg Contributor, discusses the need for further U.S. stimulus and his concerns about the Federal Reserve’s intervention in specific markets. He speaks with Bloomberg’s David Westin on “Balance of Power.”
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  3. fiscal stimulus
  4. larry summers
  5. virus stimulus
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Комментарии
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And so the Road to the Dollar Collapse finally begins 😯 there is no way America can come back from this one.

The_Finance_Guy
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We need to support local and state government, welfare, other nations, banks and bad business that made dump decisions . After 95% administration cost and our government staff. 5% would be left and they will be taxed direct and indirectly.

waichungsandiego
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Seems that the government is willing to go all the way on spending. RIP Dollar.

jp
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Hard to come back when there aren’t jobs to come back to. Employers and employees need cash welfare for a specific period of time. Thats how real democracies like Canada, and much of Europe and Asia are fiscally and monetarily sustaining their capitalistic and democratic systems through this Covid Depression

SkoolieB
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Right...this same man is now saying americans dont need emergency relief from the govt. What a crock

ajshaka
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This guy is wrong, we need to deal with the health crisis and the economy will bounce back

stuartwood
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"If we spend too much?" Maybe we'll have a "little" more debt? This guys nuts

zachcauthren