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It was recently reported that Jerome Powell, the Fed chair, wanted to rein in wage growth. Encouraging part-time work is surely the best way to achieve that. Ma
by llimos 4y ago
It was recently reported that Jerome Powell, the Fed chair, wanted to rein in wage growth. Encouraging part-time work is surely the best way to achieve that. Many people will be happy to accept shorter hours in place of a raise, which will have the desired effect of slowing down inflation without harming the workers.