Question: Currently, we are experiencing higher than average inflation. To bring down inflation, the Fed has chosen to raise IORB which they hope raises other interest
Currently, we are experiencing higher than average inflation. To bring down inflation, the Fed has chosen to raise IORB which they hope raises other interest rates in the economy. This may ultimately result in job loss and an increase in the unemployment rate.
Which do you think is worse? Inflation or unemployment? Do you think that inflation hurts a specific group of people more than others? What about unemployment?
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