According to Bloomberg:
Four years after blasting US fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation blowout in a generation, former Treasury Secretary Lawrence Summers warned there’s danger of another breakout in price pressures.
This is probably the most sensitive moment we’ve had for an escalation in inflation since the policy errors of 2021 that set off the significant inflation that we had,” Summers said on Bloomberg Television’s Wall Street Week with David Westin.