Can we hit a Soft Landing? ft. Joseph Politano
The New Liberal Podcast
00:00
Are Sticky Wages Really Important?
The post-10008 period is essentially major central banks in the United States and Europe dealing with these massive unemployment problems. And institutionally, all modern central banks were designed in this way so that they could combat inflation. They were a hammer built for a very specific tool. It's actually very funny if you look back at like Ben Beaten minutes or statements, they very rarely mention the employment mandate for 2008.
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