Mar 11th, 2022

Summers Says Biden 'Wrong' to Blame Inflation Surge on Putin, Greed

Former Treasury Secretary Lawrence Summers says the Biden administration is "wrong" to put the emphasis on Russia's invasion of Ukraine and on price gouging as causes for the surge in U.S. inflation. “This is a consequence, fundamentally, of an overheated economy,” Summers says on Bloomberg Television’s “Wall Street Week” with David Westin.