Larry Summers’ Unfashionable Truth

Larry Summers’ Unfashionable Truth

The former treasury secretary has a message, but do Democrats want to listen? - Kevin D. Williamson - Start a free trial today for full access.

But Lagarde, Europe Is a Museum!

“Europe is a museum, Japan is a nursing home, China is a jail, and bitcoin is an experiment.” These were former Treasury Secretary Lawrence Summers’ now classic words to investors at a 2023 Morningstar Investment Conference.  Summers was talking about global monetary conditions and the necessity to hold your investments and money in some currency, somewhere. “I would rather be playing America’s hand than any other country in the world… you have …