High unemployment is not a desirable trade-off for achieving 2 percent inflation when the current economy is delivering pro-worker growth, rising real wages, and strong employment; throwing people out of work to hit a specific inflation number seems counterproductive.
normativepending
Speaker
RogerEvidence Quote
“so it feels strange to say that we're going to bring the hammer down we're going to throw people out of work we're gonna possibly you know risk another banking crisis just to get inflation down [1:15:39]”
Created: 8/12/2026, 6:24:34 PM
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