5% is a normal rate historically i dont think there is going to be any issues in the short term. we may see unemployment trend up to 6-7% which is also a normal rate historically and believe it or not with almost $1T in the crypto market that can be a huge stabilizing factor, sort of like how PoW stabilizes the energy grid, bitcoin and ethereum stabilizes the finance markets. Its like they absorb some of the volatility. But this is justa theory it needs more careful thought. Bitcoin and ETH didnt exist in 2008
5% is a normal rate historically i dont think there is going to be any issues in the short term. we may see unemployment trend up to 6-7% which is also a normal rate historically and believe it or not with almost $1T in the crypto market that can be a huge stabilizing factor, sort of like how PoW stabilizes the energy grid, bitcoin and ethereum stabilizes the finance markets. Its like they absorb some of the volatility. But this is justa theory it needs more careful thought. Bitcoin and ETH didnt exist in 2008