Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025

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Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025​



Larry Summers knows a thing or ninety about our economics and economy

Inflation is rising again, and yields are dropping. Trump's tariffs and his strike at immigrant work force will send prices higher. "“I just do not get the logic of these policies and make no mistake, this is a regressive tax on American consumers,” he added.

Speaking at a New York Economic Club in November last year, Summers cautioned that Trump’s tariff policies could drive inflation even higher than the levels triggered by his predecessor’s actions.

We will be fine, because we have been learning, planniong, and implimenting money strategies since we were twenty. In the early years, we ate plenry of rice and beans, drank a lot of ice water, and have always saved and invested.

Prepare yourselves.
 
You had ice in the summer?

giphy.gif


We had to wait till winter.
 

Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025​


.....

Prepare yourselves.

Ten of the last eleven recessions began under a Republican administration. It is nearly guaranteed (91%) that we will see a recession in by 2028.
 

Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025​



Larry Summers knows a thing or ninety about our economics and economy

Inflation is rising again, and yields are dropping. Trump's tariffs and his strike at immigrant work force will send prices higher. "“I just do not get the logic of these policies and make no mistake, this is a regressive tax on American consumers,” he added.

Speaking at a New York Economic Club in November last year, Summers cautioned that Trump’s tariff policies could drive inflation even higher than the levels triggered by his predecessor’s actions.

We will be fine, because we have been learning, planniong, and implimenting money strategies since we were twenty. In the early years, we ate plenry of rice and beans, drank a lot of ice water, and have always saved and invested.

Prepare yourselves.
 
Inflation is rising again, and yields are dropping. Trump's tariffs and his strike at immigrant work force will send prices higher. "“I just do not get the logic of these policies and make no mistake, this is a regressive tax on American consumers,” he added.
That’s because there is no logic behind what Trump is doing – tariffs aren’t going to bring back jobs or decrease prices.
 
Ten of the last eleven recessions began under a Republican administration. It is nearly guaranteed (91%) that we will see a recession in by 2028.
Probably didn't "begin" under a republican, more likely it "began" with a democrat setting in motion
for a recession.
 

Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025​



Larry Summers knows a thing or ninety about our economics and economy

Inflation is rising again, and yields are dropping. Trump's tariffs and his strike at immigrant work force will send prices higher. "“I just do not get the logic of these policies and make no mistake, this is a regressive tax on American consumers,” he added.

Speaking at a New York Economic Club in November last year, Summers cautioned that Trump’s tariff policies could drive inflation even higher than the levels triggered by his predecessor’s actions.

We will be fine, because we have been learning, planniong, and implimenting money strategies since we were twenty. In the early years, we ate plenry of rice and beans, drank a lot of ice water, and have always saved and invested.

Prepare yourselves.
A democrat giving his democrat view. :wink:
 

Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025​



Larry Summers knows a thing or ninety about our economics and economy

Inflation is rising again, and yields are dropping. Trump's tariffs and his strike at immigrant work force will send prices higher. "“I just do not get the logic of these policies and make no mistake, this is a regressive tax on American consumers,” he added.

Speaking at a New York Economic Club in November last year, Summers cautioned that Trump’s tariff policies could drive inflation even higher than the levels triggered by his predecessor’s actions.

We will be fine, because we have been learning, planniong, and implimenting money strategies since we were twenty. In the early years, we ate plenry of rice and beans, drank a lot of ice water, and have always saved and invested.

Prepare yourselves.
Are you not happy that Trump hasn't hit Biden's record-setting benchmark of 30%? LMAO, run along donkey.
 
Ten of the last eleven recessions began under a Republican administration. It is nearly guaranteed (91%) that we will see a recession in by 2028.
Fiat currency abuses.
 



Civil Servants As Millionaires?

Many if not most of the TSP millionaires came into government after long, and obviously successful careers in the private sector. Most are believed to be political appointees, elected officials (lots of millionaires in Congress) and highly compensated lawyers who joined Uncle Sam as federal judges.
 
Civil Servants As Millionaires?

Many if not most of the TSP millionaires came into government after long, and obviously successful careers in the private sector. Most are believed to be political appointees, elected officials (lots of millionaires in Congress) and highly compensated lawyers who joined Uncle Sam as federal judges.
Don't you just love how politicians with their modest salary become multi millionaires?
 

Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025​



Larry Summers knows a thing or ninety about our economics and economy

Inflation is rising again, and yields are dropping. Trump's tariffs and his strike at immigrant work force will send prices higher. "“I just do not get the logic of these policies and make no mistake, this is a regressive tax on American consumers,” he added.

Speaking at a New York Economic Club in November last year, Summers cautioned that Trump’s tariff policies could drive inflation even higher than the levels triggered by his predecessor’s actions.

We will be fine, because we have been learning, planniong, and implimenting money strategies since we were twenty. In the early years, we ate plenry of rice and beans, drank a lot of ice water, and have always saved and invested.

Prepare yourselves.

Wasn't he in the Clinton Admin? How is inflation rising? I thought Biden had inflation under control???
 
You had ice in the summer?

giphy.gif


We had to wait till winter.
In my day many had "ice boxes" for refrigerating foods. Lake ice was harvested in the winter for use in the summer. We used to snitch chunks of ice from the back of the ice delivery trucks when they stopped to make deliveries.
 
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