Re:The Fed plans to sharply boost unemployment
by soulofmischief on Sunday September 25, 2022 @11:43AM
(#32972427)
Then tax the wealthy and put that money into the hands of people who actually need it.
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Re:The Fed plans to sharply boost unemployment
by californical on Sunday September 25, 2022 @11:13PM
(#32978946)
Well that causes inflation, was my point, because that money wasn’t (isn’t) being used to compete for consumer goods.
But by redistributing it to lower and middle class, it’s now being spent on consumer goods, increasing demand for the goods, causing inflation.