Business
One problem at a time: jobs first, inflation (much) later – Sydney Morning Herald
It had to happen: at a time when inflation is the least of our problems, some have had to start worrying that prices could take off.
Whats surprising is that the worries have come not from Republican-supporting and other conservative economists, but from an academic economist whos been prominent on the Democrat side, Professor Larry Summers, of Harvard.
Summers, a former secretary of the Treasury in the Clinton administration, has been supported on Twitter, naturally by Professor Olivier Blanchard, of the Massachusetts Institute of Technology, a former chief economist at the International Monetary Fund.
US Treasury Secretary…
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