GZERO World Clips
Think buying American will help ease inflation? Larry Summers says it won’t
Many Americans believe the best way to fight rising prices is to purchase US-made goods, in theory, less affected by COVID-fueled disruptions to global supply chains. For former US treasury secretary Larry Summers, they're wrong. "I think the right thing to do is to buy cheap and buy inexpensive."
Nov 18, 2021
