☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.ml • 4 months agoIs the Fed Behind the Curve? As Unemployment Rises, Worries Mount.external-linkmessage-square7 fedilinkarrow-up114file-textcross-posted to: newsusa@lemmy.ml
arrow-up114external-linkIs the Fed Behind the Curve? As Unemployment Rises, Worries Mount.☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.ml • 4 months agomessage-square7 Commentsfedilinkfile-textcross-posted to: newsusa@lemmy.ml
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlhexagonhexbear6·4 months agoIt's one of the core contradictions. Keeping the rates high is a way to build out a reserve army of labour, but it's also destroying the consumer market which underpins the whole system. linkfedilink
It's one of the core contradictions. Keeping the rates high is a way to build out a reserve army of labour, but it's also destroying the consumer market which underpins the whole system.