Unemployment claims back above 470,000!!!
With inflation at its lowest level since 1966, will the Fed at last decide to do something about its other mandate: unemployment?
Not so far, the Fed wants to be seen as unwinding, from crap mortgage loans to low interest rates, because fighting non-existent inflation is the only thing that matters!!!
Feeling deflated yet? Paul Krugman is…
Gorilla says: “Helicopter Ben is headed for a crash landing!”
Tags: Fed, unemployment