4 ms·
Because that's all that the Federal Reserve can do. Yes. Pretty much. Problem is "unemployment" is such a fake number the entire mandate of the fed has been b
by 001sky 12y ago
Because that's all that the Federal Reserve can do.
Yes. Pretty much.
Problem is "unemployment" is such a fake number the entire mandate of the fed has been based on flawed stats. The fed is happy to lower the "unemployment" rate by forcing people onto "disability" (permanent welfare) and un-paid leave of the workforce.
That's not reducing unemployment in any meaningful sense. Its just statistical arbitrage/3-card-monty.