Recessions destroy lives鈥攑eople lose jobs, homes, and savings. Inflation hurts, but engineering mass unemployment to fix it is using a sledgehammer when a scalpel would do.
Inflation first. Letting prices spiral wrecks every paycheck and forces an even harsher recession later.
Honestly, there is no perfect answer here. Stopping inflation protects what our money can buy, but risking a recession means people lose their jobs. Both choices carry heavy consequences.
Crush inflation first or it eats wages and savings forever. Recession pain fades, but runaway prices wreck everything.