Federal Reserve/Inflation Alert! Governor Christopher J. Waller comments on "Some Benefits and Risks of a Hot Economy".

This is a response authors' claims of three impacts of running a 'hot' economy: labor market inclusiveness, potential market instability, and a greater risk of excessive inflation.

Good morning and Happy Friday r/Superstonk, this paper looks like it could be fun!

The authors discuss three impacts of running a 'hot' economy labor market inclusiveness, potential market instability, and a greater risk of excessive inflation:

https://www.chicagobooth.edu/research/igm/USMPF/USMPF%20Paper

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