Don't Bet On It

They show you photographs of how your life should be
But they're just someone else's fantasy
--Styx

Policymakers seem to be betting that people would rather see inflation than recession. Current policies seek to curtail demand, lower wages, and raise unemployment--with the hope that these things will result in falling prices. 

And people are supposed to be happy with that outcome?

Don't bet on it.

I also wouldn't bet on the either/or proposition. What if it turns out that we get inflation and recession?