READ... The stakes are too high to use the #PhillipsCurve with its unreliable tradeoff between #unemployment and #inflation. We don't need millions of Americans out of work. We need investments in our future. - by #ClaudiaSahm
https://open.substack.com/pub/stayathomemacro/p/ban-the-phillips-curve
Ban the Phillips Curve

The stakes are too high to use the Phillips Curve with its unreliable tradeoff between unemployment and inflation. We don't need millions of Americans out of work. We need investments in our future.

Stay-At-Home Macro