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Right, but if you're printing and putting people to work with it, inflation is much less of an issue (more money chasing after more goods & services). It's onl
by kaonashi 13y ago
Right, but if you're printing and putting people to work with it, inflation is much less of an issue (more money chasing after more goods & services).
It's only when you're at your production capacity and still keep printing that you start seeing more money chasing after the same amount of goods.
Japan's unemployment is ~4%, low compared to other nations, but still high historically. Their labor force participation rate is about 8% below the U.S., though. There's lots of room to put people to work.