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What problems has the fed caused since the 1980's? Prices are stable, employment is good.
by wbl 9y ago
What problems has the fed caused since the 1980's? Prices are stable, employment is good.
- tomrod 9y agoPrices are not stable, but increasing at 3 to 4% per year. Employment is okay, but more than a 10th of the population is in their working years but not working.
- Godel_unicode 9y agoSince '81 it's actually exactly 3% per year, and since '90 it's 2.36% per year. The variance is around 1%, I'd call that pretty stable.
- tomrod 9y agoFair point, and also depends on which measure you're looking at. https://fred.stlouisfed.org/graph/?g=iFuv https://fred.stlouisfed.org/graph/?g=iFuv
- exHFguy2 9y agoPredictable increases == stable. "but more than a 10th of the population is in their working years but not working." Fed has very limited set of things they control. They don't do fiscal or policy.
- dxhdr 9y ago> What problems has the fed caused since the 1980's? Prices are stable, employment is good. Which prices have been stable since the 1980s?
- exHFguy2 9y agoPrices, in US Dollars, have more or less been stable. Some have risen a lot (e.g., medical, education). Some have gone down a lot (e.g., clothing). Overall though....stable-ish. Some of this the fed controls, some of this they don't. They are not all powerful. For example, the share oil revolution has done a lot to reduce prices. Has nothing to do the the fed. China coming online as manufacturing powerhouse has also reduced prices. Again, fed has nothing to do with that.
- lotsofpulp 9y agoHealthcare prices are stable? Once you have food, shelter, and heat, that’s the next thing on the list and it’s a crushing liability for almost everyone.