Thread: Lower unemployment rate= higher inflation
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Old 11-03-2005, 11:08 AM
vulturesrow vulturesrow is offline
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Join Date: Apr 2004
Posts: 24
Default Re: Lower unemployment rate= higher inflation
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I can tell I'm going to get pounded on this one, but for people who know what I'm talking about and know about economics, how many of you agree with the statment that a low unemployment rate = higher inflation, and thus having unemployment at about 3-5% is actually good for the economy.

[/ QUOTE ]

The Phillips curve is dead.
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