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Potential Output

 
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PostPosted: Sun Feb 21, 2016 2:40 pm    Post subject: Potential Output Reply with quote

PeakTrader:

There seems to be a lot of (potentially) productive labor unemployed, underemployed, or underutilized.

And, a lot of capital that can be put to more productive uses.

Consequently, the permanent destruction of potential output, through changing demographics, is taking place slower than some people believe.

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