system
Given the following post, respond as if you're commenting on Reddit:
human
Is controlling inflation is more important than controlling unemployment?

I just want to say that I don't know a lot about economics but I was still curious about my political leaning and I know it knows a legit test but I thought it might be fun to take one.

I took a political compass test and one of the questions was if controlling inflation is more important than controlling unemployment? From my understanding, it might be better to inflation because it might lead to unemployment but I'm not sure.
gpt
So a common tool used in Economics to explain the relationship between unemployment and inflation is the Phillips curve. Basically, it says that In the short run, inflation and unemployment have an inverse relationship. Theoretically, if you have  lower amount of inflation, you will also have higher rates of unemployment. The theory comes from the idea that because wages are a big part of overall prices, inflation (rather than wages) could be inversely related to unemployment.

However, the Phillips curve has fallen off in recent years as a way to accurately predict unemployment. The relationship has not been seen to be as stable or as strong. Basically, data from 1970 and onwards has messed up the idea of this theory.