You know, I always wondered. Doesn't that go against their mandate?

nostr:nevent1qqsgjt8vc68ku5wfadc8dlltsn7v47yvg203t4e9cp39m5p4anud7eqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp9ta6d58s9atk5lqzc6lkn7pcq5u9n2fyqhvst6pdmpyqcqmxuwcqvzqqqqqqyqtwveh

Reply to this note

Please Login to reply.

Discussion

Oh bullshit news is on nostr

Shocking lol

In theory, the unemployment rate being too low means that people are less free to change jobs, get education, etc. So while high unemployment is obviously a problem, super low unemployment has its own problems. The Fed has a self-assigned mandate to find a balance point.

Which is Bullshit, they should be focused on the damn foundation and letting the real job market take care of things. But what do I know.

Their actual mandate is to fund the US federal government