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Bloomberg Businessweek Weekend - July 1st, 2022
Bloomberg Businessweek
The Fed Needs a Five % Unemployment Rate
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The fed bobbles the thing badly enough that it briefly goes above five. There is nothing at all in there to suggest that we need a an unemployment rate that's over five for any extended period of time. But what about the idea that so much of this inflation is outside of the feds control, and so much is due to dm, to supply constraints? Excuse me?
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