Comment on Beat the FedComments−nl11yThis "game" is stupid because it doesn't do anything at all to show the trade offs.As a gross generalization:Higher Growth -> Higher Employment -> Higher InflationHigh Inflation -> Negative Income Growth (for those on low wages and fixed incomes) -> Risk of Recession and/or Social DisruptionLower Growth -> High Unemployment -> Risk of Recession and/or Social DisruptionPut those parameters in and the "game" gets interesting. At the moment it's just pointless.
Comments
This "game" is stupid because it doesn't do anything at all to show the trade offs.
As a gross generalization:
Higher Growth -> Higher Employment -> Higher Inflation
High Inflation -> Negative Income Growth (for those on low wages and fixed incomes) -> Risk of Recession and/or Social Disruption
Lower Growth -> High Unemployment -> Risk of Recession and/or Social Disruption
Put those parameters in and the "game" gets interesting. At the moment it's just pointless.