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And the will of the voters is to have high inflation? The Fed does not want a recession, but if it has to choose between a recession and high inflation, it's a
by credit_guy 4y ago
And the will of the voters is to have high inflation?
The Fed does not want a recession, but if it has to choose between a recession and high inflation, it's a simple choice. The choice of following the law. Which stipulates that the Fed has 2 jobs (the dual mandate): to keep inflation and unemployment law. Recession is not part of the law.