The greatest tragedy in this moment would be if central banks were to lurch away from a focus on assuring price stability prematurely and we were to have to fight this [inflation] battle twice. ___ Reference: – The ‘greatest tragedy’ would be if central banks don’t finish the job on inflation, Larry Summers says WANT TO OUTSMART YOUR FRIENDS?GET OUR NEWSLETTERSUBSCRIBE WHAT DID WE MISS? COMMENT BELOW. Cancel reply All comments reviewed before publishing. Save my info for next time I comment. Δ
The greatest tragedy in this moment would be if central banks were to lurch away from a focus on assuring price stability prematurely and we were to have to fight this [inflation] battle twice.