What did Alan Greenspan say about the tradeoof between inflation and unemployment?

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What did Alan Greenspan say about the tradeoof between inflation and unemployment?

2006-12-06 04:50:49 · 2 answers · asked by eric m 1 in Business & Finance ➔ Other - Business & Finance

2 answers

Inflation has a much farther reach than does unemployment, which usually runs in cycles, often times due to changes in the season.

Inflation can and often does create unemployment, is harder to reign in after being unleashed.

2006-12-09 17:36:28 · answer #1 · answered by Samurai Hoghead 7 · 0⤊ 0⤋

Greenspan retired where you been hiding wake up.

2006-12-06 12:58:27 · answer #2 · answered by Anonymous · 0⤊ 0⤋