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A comment on Why the Fed wants corporate America to have a hiring freeze.
The are too many numerate people now to boondoggle. The story the moneyed economists quantify is distilled as “humans do this.”
That there is a model of haves and have nots curated by haves is political theater, not free market economics.
What the Fed wants is more gig worker insecurity as usual: https://www.nytimes.com/1997/02/27/business/job-insecurity-o...
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The are too many numerate people now to boondoggle. The story the moneyed economists quantify is distilled as “humans do this.”
That there is a model of haves and have nots curated by haves is political theater, not free market economics.
What the Fed wants is more gig worker insecurity as usual: https://www.nytimes.com/1997/02/27/business/job-insecurity-o...