A Recession Would Be Worse Than Today’s Inflation

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Some people look at the US economy’s rising inflation and wish for a recession. They want lower inflation rates to match the growth rate of American workers’ wages. However, a recession is actually more damaging than inflation. Typically accompanied by higher unemployment rates, recessions do lower inflation rates… along with severely cutting the growth rate of wages. This rise in unemployment, crippled wages, and a long recovery period after the fact all make recessions the greater of two evils in economics. Read full article here

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