Thread: Lower unemployment rate= higher inflation
View Single Post
  #8  
Old 11-03-2005, 01:16 PM
bobman0330 bobman0330 is offline
Member
  
Join Date: Aug 2004
Posts: 52
Default Re: Lower unemployment rate= higher inflation
[ QUOTE ]
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 ]

I don't think any mainstream economist believes this anymore.
Reply With Quote