The fact that unemployment is low signals that we are not grappling inflation properly. You can't limit inflation without reducing employment rates. Those two g

The fact that unemployment is low signals that we are not grappling inflation properly. You can't limit inflation without reducing employment rates. Those two go hand in hand. There is a school of thought that the goal of increasing rates is just to control employment rates. It's just a indirect/crude way to do it, and unfortunately, the most effective way the fed has at its disposal.