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Re:US inflation cooled in June for the 12th straight month by afterburner on Saturday July 15, 2023 @03:08AM (#36734337)
The effects of unemployment on people compounds. It screws them over during their life, and affects the economy, over and over.

Inflation is under control, and there is no expectation of high inflation, so we do not have the same trade off as in the 70s at all.

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