Georg Tillerman
unread,Dec 3, 2023, 7:42:17 AM12/3/23You do not have permission to delete messages in this group
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you're practically there ,
closer to price stability
without a crash landing
why ditch it now?
why SEEK a recession?
it'll be novel for future referrence
"what tight regulation"
hurray...
but NOW
holding interest rates in place,
is Like a rate increase...
you're almost there
a perfect THREE point landing and no casualties.
oh right, what some places could do is
not to lay off workers,
but maybe to reduce hours for a while
some function of employment
that helps to cool a very hot economy ever so slightly
an interest rates are this breaking regulatory mechanism.
it looks so much like teh first law ...
just an innocent bystander
_I_ don't wish a crash on anyone.
why wish it on yourself?