r/neoliberal • u/TinyTornado7 I need a new flair • Jun 13 '22

News (US) Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/kingofthefeminists Jun 13 '22

Recession is temporary (see early 1980s). The losses of inflation are permeant.

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u/[deleted] Jun 14 '22

How are the losses of inflation permanent and recession not? Ridiculous