"The former US official urged Biden administration to curb current stimulus programs, warning a serious wave of inflation.
"According to Arab Net, former US Treasury Secretary Larry Sums, in comments registered at Cindesk: I think the current federal policy is overpriced.
The former official in the administration of the Premier Clinton and Obama objected to how the Fed and financial authorities continue to cause economy disorder despite the real danger of a catastrophic vortex .
"The size of the federal policy positions today are greater than those that led to the late 1960s, referring to a $ 120 billion monthly bond purchase program , Very low interest rates, where he expressed concern about the stability of the dollar.
Resistance from White House
The White House has fallen on inflation concerns, saying the interim imbalance between supply and demand is expected given the nature of the crisis and recovery conditions.
The officials of the CNN Business, officials do not see signs of continuous disorder or long-term inflations. "Our team is closely monitoring inflationary pressures, but inflation is first subject to the Fed's power authority.
