> The Fed is trying to trigger a recession, although they'll never come out and say it Oh, they are not shy about it, it's just a little obfuscated by the jarg

> The Fed is trying to trigger a recession, although they'll never come out and say it Oh, they are not shy about it, it's just a little obfuscated by the jargon they use. One of the Fed's explicit goal is to lower "consumer demand", i.e. make people buy less stuff. Employment numbers are a function of demand, and the Fed has no means of directly tweaking employment numbers, but they can nudge demand (indirectly) by raising or lowering interest rates.