Job loss isn't an "unintended consequence" of Fed rate hikes to combat inflation. It's the point of the exercise. You pay for the Fed's sins. Every time. https://www.npr.org/2022/06/29/1108109505/job-cuts-layoffs-economy-recession
Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.
npr.org
Get replies from creators like all_facts_matter
