"Job Market Collapse, Mass A.I. Layofffs"

Real Estate Mindset, 8/29/24

"Job Market Collapse, Mass A.I. Layofffs"

Viewer Comment: @brotherofiam: "The normal tool that the FED would use to fight inflation is to raise interest rates. But if the FED raised interest rates it could not afford the debt, and things would blow up. The destruction of the job market is the only tool now that can be used fight inflation. No work, no pay, no money, no buying of goods. If goods do sell at current price, prices are lowered. Inflation kept in check, at the cost of the workforce."

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