Question
https://www.washingtonpost.com/opinions/2021/02/04/larry-summers-biden-covid-stimulus/ https://www.nytimes.com/2021/02/07/opinion/covid-biden-economy-stimulus.html q1: does summer and Krugman think that president's plan will lead to inflation? q2: If the plan lead to inflation, what should the
https://www.washingtonpost.com/opinions/2021/02/04/larry-summers-biden-covid-stimulus/
https://www.nytimes.com/2021/02/07/opinion/covid-biden-economy-stimulus.html
q1:
does summer and Krugman think that president's plan will lead to inflation?
q2:
If the plan lead to inflation, what should the Fed do?Do Summers and Krugman think the Fed will be able to resolve this issue?
q3:
Does summers and Krugman thinks more inflation a good thing?
q4:
Do Summers, Krugman think that increases in the debt/GDP ratio could lead to a default by the US government or substantial crowding out of private investment and consumption?
q5:
Biden also wants to increase spending on infrastructure and launch a green new deal.Do Summers and Krugman think that the current spending will increase or decrease the chances of passing more spending in the future and on future elections?
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