Can an Easy Money Policy Increase Employment of "Idle Resources"?
Jan 21, 2024 ·
7m 11s
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Description
<p>When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That's not...
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<p>When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That's not how an economy works.</p> <p>Original Article: <a href="https://mises.org/wire/can-easy-money-policy-increase-employment-idle-resources" target="_blank">Can an Easy Money Policy Increase Employment of "Idle Resources"?</a></p>
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Information
Author | Mises Institute |
Organization | Chad Parish |
Website | - |
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