Nope. Inflation and unemployment are built in. Hyperinflation and big unemployment are tumors. They should be kept in a goldilocks range preferably around 3-4%.

Nope. Inflation and unemployment are built in. Hyperinflation and big unemployment are tumors. They should be kept in a goldilocks range preferably around 3-4%. If you have labor shortage the economy cannot grow as fast as possible. If you have big surplus - then you have big demand slump that moves you to a deflation spiral.