Rev 6:6 NAS “And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

• Larry Summers says Americans will have to lose jobs to ease inflation
• Former Treasury Secretary Larry Summers says the U.S. must sustain a jobless rate of more than 5% for five years if inflation is to drop.
• The U.S. unemployment rate currently sits at 3.6%.
• “We need five years of unemployment above 5% to contain inflation – in other words, we need two years of 7.5% unemployment or five years of 6% unemployment or one year of 10% unemployment,” Summers said in a London speech

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