We must have 5 years of 5+% unemployment to control inflation.

Also, we should expand deposit insurance to cover 100% of depositors' holdings in the case of Silicon Valley Bank.

When people show you who they are, believe them.

https://twitter.com/ryanlcooper/status/1634263511600619520?s=20

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@mcopelov so do I understand this correctly, Summers wants to bail out all the wealthy depositors who stupidly put more than 250k into deposits into one bank, but is against helping students with overwhelming student debt? 🤔
@mcopelov all you can say is “this fucking guy”