EdwardDiamondhands on Nostr: It’s unbelievable that this is literally the narrative. Employment is TOO HIGH? ...

It’s unbelievable that this is literally the narrative. Employment is TOO HIGH?

That’s nonsensical, UNLESS there is newly-introduced money which has distorted the price formulation of the entire economy and promoted malinvestment.

In an economy with a fixed monetary supply, over-employment will never be a significant issue - true or false?