The Fed and “Maximum Employment” – Robert Aro (02/15/2021)
Keep the definition of “maximum employment,” as explained by the Federal Reserve, forever in mind; and remember it every time an economist or central planner uses it to justify their interventions in your life: Maximum employment is the highest level of employment or lowest level of unemployment that the economy can sustain while maintaining a stable inflation…
Source: https://wallstreetwindow.com/2021/02/the-fed-and-maximum-employment-robert-aro-02-15-2021/
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