Quote:
Originally Posted by Chicks
So in Whell's World, an economy that's great for workers is "bad". Got it.  |
So, in Chicks world, economic fundamentals are ignored and words are twisted to make a (lame and wildly incorrect point).
If you want to remain ignorant, that's up to you. I hope you're happy. In the meantime, for the rest of us who can string together a coherent thought, here's a NY Times article that supports the point I made earlier:
https://www.nytimes.com/2023/02/03/b...me-powell.html
For central bankers who are trying to bring down the fastest inflation in decades, the report offered both encouraging and worrying news. On one hand, the continued slowdown in pay increases was a welcome sign that, if it persists, could pave the way for slower price increases down the road. But Fed policymakers who spoke on Friday focused more intently on the fresh evidence that demand for workers remains intense despite their efforts, suggesting that they have more work to do before they will be able to feel confident that rapid inflation will fade fully.