Inflation vs. Unemployment

[Obnoxiously Slutty Girly Girl]

The question posed here presents a false dichotomy.

[Obnoxiously Slutty Girly Girl]

A reasonable inflation isn't necessary a bad thing. Unemployment is the main problem.

There is no "reasonable" inflation. Inflation robs the people to enrich the banks and the politically-connected. It is morally reprehensible.

[Obnoxiously Slutty Girly Girl]

A reasonable inflation isn't necessary a bad thing. Unemployment is the main problem.

Define "reasonable."

2-3% inflation is typically regarded as a sign of a healthy economy as the price level is increasing due to increasing consumption spending, which increases aggregate demand and therefore GDP.

Exactly. As long as consumer inflation is below 3 percent, there is room for expansionary monetary policy.

Except inflation at any rate is theft.