Post by @cloudly • Hey

powell hyperinflation or recession ? powell hyperinflation or recession ? #powell #fed #macro #crypto

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Why does Warren feel like she has a seat at the table here? Short-term, myopic politics per usual. While unemployment is an unfortunate consequence of anti-inflationary policies, it can be seen as a short-term sacrifice that is worth it in the long run. High inflation can be damaging to the economy over the long term, leading to reduced purchasing power, lower investment, and reduced economic growth. By taking steps to control inflation, policymakers can help ensure long-term economic stability and growth, which can ultimately benefit everyone in the economy.