Chris Remington to Finance@beehaw.org • 2 years agoThe Fed says this is going to hurt, but it matters who feels the painwww.axios.commessage-square1fedilinkarrow-up112arrow-down10
arrow-up112arrow-down1external-linkThe Fed says this is going to hurt, but it matters who feels the painwww.axios.comChris Remington to Finance@beehaw.org • 2 years agomessage-square1fedilink
minus-square@leif@beehaw.orglinkfedilink7•2 years ago There are many channels through which the Fed tightening can help bring down demand and inflation without people losing their jobs. For example: An affluent investor decides they can’t afford a vacation home because of stock market losses. Or a business accepts lower profit margins because it believes it can’t raise prices in a slump. Guess we’ll be unemployed then
Guess we’ll be unemployed then