He predicted inflation surge. Hear his prediction about what comes next – CNN

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He says the company has increased salaries 25-30% to entice workers.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/211109084949-maersk-ceo-soren-skou-labor-shortage-large-169.jpg”,”title”:”Maersk CEO: Port bottlenecks won’t improve anytime soon”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/09/maersk-ceo-labor-shortage-supply-chain-soren-skou.cnnbusiness/index.xml”,”videoLeafUrl”:”/videos/business/2021/11/09/maersk-ceo-labor-shortage-supply-chain-soren-skou.cnnbusiness”,”videoId”:”business/2021/11/09/maersk-ceo-labor-shortage-supply-chain-soren-skou.cnnbusiness”,”videoUrl”:”/videos/business/2021/11/09/maersk-ceo-labor-shortage-supply-chain-soren-skou.cnnbusiness/video/playlists/business-economy/”,”surrogateKey”:”video_C2B1D8E0-0B87-D3CB-5D5C-058D1CB6593F”},{“descriptionPlainText”:”America’s jobs recovery gathered some steam last month as US employers added 531,000 positions in October. CNN’s Christine Romans reports.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/211104175044-03-us-help-wanted-sign-large-169.jpg”,”title”:”The US economy added 531,000 jobs in October”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/05/october-jobs-report.cnnbusiness/index.xml”,”videoLeafUrl”:”/videos/business/2021/11/05/october-jobs-report.cnnbusiness”,”videoId”:”business/2021/11/05/october-jobs-report.cnnbusiness”,”videoUrl”:”/videos/business/2021/11/05/october-jobs-report.cnnbusiness/video/playlists/business-economy/”,”surrogateKey”:”video_42A1F68D-D256-DD36-DAFD-F0133512E811″},{“descriptionPlainText”:”Former Treasury Secretary Larry Summers warns inflation could last for at least another six to nine months, but people will find it easier to get wage increases and jobs.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/211104131458-larry-summers2-large-169.jpg”,”title”:”Larry Summers: The economy is overheating but it’s good for workers”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/04/inflation-larry-summers-wages-and-jobs-increase.cnnbusiness/index.xml”,”videoLeafUrl”:”/videos/business/2021/11/04/inflation-larry-summers-wages-and-jobs-increase.cnnbusiness”,”videoId”:”business/2021/11/04/inflation-larry-summers-wages-and-jobs-increase.cnnbusiness”,”videoUrl”:”/videos/business/2021/11/04/inflation-larry-summers-wages-and-jobs-increase.cnnbusiness/video/playlists/business-economy/”,”surrogateKey”:”video_8C7EA1A7-9010-60BD-0A16-EBB6DF1977FC”},{“descriptionPlainText”:”The Federal Reserve is set to reduce the massive monthly asset purchases that supported the economy throughout the pandemic. 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