3 ms·
The problem with the antitrust narrative is that it will take years to force corporations to break up or do anything about their pricing if that is truly the so
by woeirua 5y ago
The problem with the antitrust narrative is that it will take years to force corporations to break up or do anything about their pricing if that is truly the source of the inflationary pressure. In which case, the Democrats will get crushed in 2022/2024 as inflation will remain high.
Better to go with Summer's approach. At least that offers us some hope of doing something in the short term to tame the beast here.
- kesselvon 5y agoBest time to plant a tree was 20 years ago, second best time is now. Summers is not the best guy for policy advice, as he's been very lax on the wall street crowd for a long time. This goes back to his time in the Clinton admin where they chose to not regulate OTC derivatives and passage for Gramm-Leach-Bliley.