Easy Money is the Answer, from George Zachar
Towards the end of a verbose survey of contemporary doomology in today's Financial Times, Larry Summers offers his policy nostrum.
If, as may prove the case, the dominant economic concern becomes a shortage of demand, it is incumbent on the Fed to provide stimulus so as to maintain conditions for growth and financial stability.
Daniel Grossman adds:
The recent spate of Larry Summers' economic/market pronouncements is probably an attempt to burnish his image as a prestigious consultant to hedge funds and financial firms. Moreover, it might be to signal his interest in leaving the Harvard that denigrated him in favor of a leading cabinet post in a future Democrat administration.
It appears one can talk one's personal availability book as effectively as one's investment book.