Former Treasury Secretary Larry Summers faces backlash from Jim Bianco, Paul Krugman for inflation ‘chart crime’

By Former Treasury chief Larry Summers got panned for posting a graph suggesting US inflation could be tracing the same path now as in the 1970s.  Nobel laureate Paul Krugman said the chart was “problematic on many fronts”, adding the 1970s story was different.  Market veteran Jim Bianco slammed the post as “chart crime”, pointing…

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