Talk of The Villages Florida - View Single Post - US Citizens fighting Recession
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Old 12-03-2022, 08:03 AM
Berwin Berwin is offline
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When I was getting my MBA in the 70s, the economics course I had to take taught that when unemployment went below 5%, inflation would result. When unemployment started dropping after the COVID recovery, I posted that concern and was poo-pooed by friends saying that theory had been debunked. And yet here we are, with unemployment low and inflation raging.