Why does the fed want unemployment to go up?
I don’t understand why? Why do they want to see unemployment go up??? Why does the market go down when employment numbers go up?? Someone enlightenment my regarded mind
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Now’s the chance to teach them about the reserve army of labor
I mean thankfully the top comment winks at that concept without outright saying it
I like Clara Mattei’s analysis on austerity and labor power:
How Economists Invented Austerity & Paved the Way to Fascism
How do they not know that? It’s literally econ 101 and recently a ghoul literally explained it