"The phrase 'somewhere in the range' gives you the first inkling of how hard the Fed's job is. The Federal Reserve must strike a delicate balance. If the economy grows more slowly than it is capable of, then we are wasting economic potential."
The federal reserve shows that the slower the economy grows the more waste in efficiency that we have. What can we do to make things more efficient? More people with more skills could really make the economy boost.
Also I have a question. Do chain restaurants hurt the economy? specifically Starbucks?(unrelated)
I'm sorry that I didnt post earlier.
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