Larry Summers Warns Against Tariffs
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tariff plansMoneywise
•Business
Business & Economics
Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025
72% Informative
Ex-Treasury Secretary Larry Summers says tariffs could drive inflation even higher than Biden 's stimulus.
Inflation impacts everyone by eroding the purchasing power of money.
Real estate has long been considered a reliable hedge against inflation, thanks to its intrinsic value and income-generating potential.
Gold is another popular investment option for preserving and growing wealth during inflation.
Masterworks is a platform for investing in blue-chip artwork by renowned artists including Pablo Picasso , Jean-Michel Basquiat , and Banksy .
Art is a popular way to diversify because it’s a tangible physical asset with little correlation to the stock market.
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