Typical post war recession type of outcome, as previously discussed:
One reason for the low unemployment in the US is that for a lot of people you need a job to get health insurance:
https://tradingeconomics.com/united-states/jobless-claims
Reported inflation will fall rapidly unless energy prices increase from current levels,
which is likely given current Saudi OSP’s and EU responses to the war:
The post GDP, jobless claims appeared first on Mosler Economics / Modern Monetary Theory.
