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How Trillions in Newly Printed Money Created a Labor Shortage

Summary:
The US has millions of idle workers. In a normal economy this would put a damper on demand. But in our money-printing economy, consumer demand is surging even as production falls behind. An employment bubble is the result.  Original Article: "How Trillions in Newly Printed Money Created a Labor Shortage​" This Audio Mises Wire is ...

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The US has millions of idle workers. In a normal economy this would put a damper on demand. But in our money-printing economy, consumer demand is surging even as production falls behind. An employment bubble is the result. 

Original Article: "How Trillions in Newly Printed Money Created a Labor Shortage​"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

Ryan McMaken
Ryan W. McMaken is the editor of Mises Daily and The Austrian. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014.

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