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A comment on Why the Fed wants corporate America to have a hiring freeze.

Re:Why the Fed wants corporate America to have a hiring freeze by mensetmanusman on Sunday May 29, 2022 @08:38PM (#31554353)
“ He’s talking to corporate America, and his goal is to have companies essentially institute a hiring freeze and end the cycle of paying up for new hires.”

Ahaha. What.

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Re:Why the Fed wants corporate America to have a hiring freeze by zozin on Sunday May 29, 2022 @11:30PM (#31555219)
They’re trying to avoid a wage-price spiral which would likely lead to stagflation.
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Re:Why the Fed wants corporate America to have a hiring freeze by HWR_14 on Monday May 30, 2022 @12:21AM (#31555455)
Stagflation is defined by inflation and a lack of wage growth. A wage-price spiral is, by definition, not stagflation.
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Re:Why the Fed wants corporate America to have a hiring freeze by gruez on Sunday May 29, 2022 @08:47PM (#31554398)
Beats me. Looking at the article it looks like the whole narrative is basically from "Nicholas Colas, co-founder of DataTrek". There's no signs that anyone else agrees with his narrative. Also, searching up his name I found this on the first page:

https://www.crainsnewyork.com/asked-answered/datatrek-resear... (paywalled but the url slug should be enough to infer the content)

Make of that what you will.

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