Former Treasury Secretary Larry Summers Discusses Hidden Inflation Rate

Tuesday, 19 March 2024, 00:36

Former Treasury Secretary Larry Summers has raised concerns about an 18% inflation spike in the US that is significantly higher than reported figures. According to Summers, poor data tracking systems may have masked this historic inflation in 2023, signaling potential economic challenges ahead.
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Former Treasury Secretary Larry Summers Discusses Hidden Inflation Rate

Former Treasury Secretary's Warning

The former Treasury Secretary for the United States says that poor data tracking systems could have concealed historic inflation in 2023.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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