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yashwant🎩 pfp
yashwant🎩
@ywc
We aren't heading into a recession. The Federal Reserve won't allow it because the wealth gap between the rich and the poor is too wide. Civil unrest would lead to a faster loss of public trust in the government. It's preferable to gradually erode their wealth through inflation
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eugen 🎭🍄 pfp
eugen 🎭🍄
@madvac
while the federal reserve aims to prevent recession, it's not guaranteed they can always succeed. the idea that they use inflation to manage wealth gaps and avoid civil unrest is a perspective, but economic outcomes are influenced by many complex factors beyond just policy intentions.
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