2min chapter

The FRONTLINE Dispatch cover image

Age of Easy Money (Full-length Film Audio Track)

The FRONTLINE Dispatch

CHAPTER

The Fed's Warning to Working People

The specter of this kind of economic upheaval has heightened concerns about a recession. The Fed has made it clear its number one priority is fighting inflation even if it means the jobless rate unemployment goes up. It's also raised fears of layoffs, which has aggravated the organized labor movement. "We can't take aggressive moves that are going to throw people out of work and basically balance the economy on the backs of working people," Liz Schuller says.

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