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Message: <blockquote data-quote="Babagounj" data-source="post: 5166304" data-attributes="member: 12952">[URL unfurl="true"]https://www.reuters.com/article/usa-fed-inflation/u-s-on-the-road-to-1950s-style-unemployment-but-it-may-only-be-a-pit-stop-idUSKBN2KC11F[/URL]That flashback to the 1950s in itself would be a warning for some economists.Such a low unemployment rate is “a red flare” that the economy is overheating, with fast price and wage increases that are unavoidable and the U.S. central bank pushed to be more aggressive, said Tim Duy, a University of Oregon professor and the chief economist of SGH Macroadvisers. “I don’t see where there is a good way out” that tames inflation without triggering a recession and the associated jump in unemployment.</blockquote>