Summers Expects a Long Winter
Marc Chandler
November 19, 2013
After having been considered to head both the Federal Reserve and the Bank of Israel earlier this year, Lawrence Summers has been propelled back into the center of the broader economic dialogue with a speech at a recent IMF Economic Forum.
Essentially his argument is deceivingly simple and straight forward. The natural or neutral interest rate, w…
Essentially his argument is deceivingly simple and straight forward. The natural or neutral interest rate, w…
Summers Expects a Long Winter
Reviewed by Marc Chandler
on
November 19, 2013
Rating:
