Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Former U.S. Treasury Secretary warns: If Trump fulfills his promise, it will trigger an "inflation crisis" not seen in decades

Former U.S. Treasury Secretary warns: If Trump fulfills his promise, it will trigger an "inflation crisis" not seen in decades

Cointime2024/11/14 04:56
By: Cointime

former US Treasury Secretary Summers said that if President-elect Trump really fulfills his promises, the United States will once again experience a severe inflation crisis. Summers pointed out that Trump's promised domestic tax cuts, increased tariffs, and expulsion of illegal immigrants will seriously impact the US economy. "If he insists on implementing the plans he promised during the campaign, then this country will suffer a greater inflation crisis than in 2021."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — YB/USDT!
Bitget Announcement2025/10/16 08:00
YBUSDT now launched for futures trading and trading bots
Bitget Announcement2025/10/15 11:07

Trending news

More
1
New spot margin trading pair — YB/USDT!
2
Exclusive Mystery Boxes for BGB holders group–Win random token incentives!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$107,791.35
-2.92%
Ethereum
Ethereum
ETH
$3,844.3
-2.79%
Tether USDt
Tether USDt
USDT
$1
-0.01%
BNB
BNB
BNB
$1,146.28
-1.20%
XRP
XRP
XRP
$2.3
-4.11%
Solana
Solana
SOL
$183.3
-5.20%
USDC
USDC
USDC
$0.9998
-0.02%
TRON
TRON
TRX
$0.3141
-1.06%
Dogecoin
Dogecoin
DOGE
$0.1859
-5.05%
Cardano
Cardano
ADA
$0.6397
-4.23%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter