4min chapter

The Compound and Friends cover image

People Hate Inflation, but Unemployment Is Worse

The Compound and Friends

CHAPTER

Inflation Versus Unemployment - A Quick One

Inflation and unemployment are two factors that affect people's well-being. A 2001 paper found happiness fell when inflation was rising and unemployment was climbing. John Sutter: The US Attorney General's office in the Southern District of New York was already investigating FTX and other offshore exchanges. But I think, no, they weren't investigating because it was a Ponzi.

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