News for hackers. Stuff that matters.
Re:Soaring Student Debt Prompts Calls for Relief by toomuchtodo on Tuesday September 13, 2016 @08:29PM (#12493404)
You're right, I misspoke. The Federal Reserve, through its mandate to obtain full employment conditions, creates inflation as a side effect.
Re:Soaring Student Debt Prompts Calls for Relief by codyb on Tuesday September 13, 2016 @10:37PM (#12493900)
Inflation's been really low recently.
Re:Soaring Student Debt Prompts Calls for Relief by toomuchtodo on Tuesday September 13, 2016 @10:51PM (#12493953)
We've barely scratched full employment. Who knows how long we'll be able to maintain it. The Fed has no room to cut rates if a slowdown occurs without going negative and several economic indicators are pointing to a slowdown.