Soft landing vs crash landing… the fed.

BanjoSaysWoof

HR MVP
Dec 2, 2017
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So as someone who believes in markets, I hate when government tries to engineer a soft landing.

As a human being I hate the idea of ripping off the bandaid and causing millions pain because “it’s more efficient”.

to that end, where do interest rate hikes stop? The math says rates need to be higher than inflation. If that’s where we are headed, why not just do a 400 bps hike and be done with it? (Wholesale pain across the economy is the answer)

as voters/citizens, what’s more important to you of the feds two mandates, full employment, or price stability? And how much of one would you want sacrificed for the other at the ballot box?
 

Finance85

HR Legend
Oct 22, 2003
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The fed can only do so much when there's so much excess money, and Congress keeps giving Biden more deficit spending. GDP needs time to catch up. The unemployment number is totally misleading without the context of labor participation.
 
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