Joseph Wang(@josephwang):Kevin doesn't think there is trade off between full employment and price stability. Typically higher rates lower demand, which impacts employment. When asked his mechanism to lower inflation without impacting employment he presents a long word salad.

Joseph Wang

@josephwang

The Second Edition of Central Banking 101 is available now! YouTube:

Joined July 2012

613 Following 209.7K Followers

Joseph Wang@josephwang

2026.07.29 18:59

Kevin doesn't think there is trade off between full employment and price stability. Typically higher rates lower demand, which impacts employment. When asked his mechanism to lower inflation without impacting employment he presents a long word salad.

337

Forward to community

Most Popular Users