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Do not be confused by impossible-to-quantify theory concerning the idea of a job saved versus a job lost; this is the U.S. labor force, defined by the Bureau of Labor Statistics as all persons 16 years of age and older, both employed and unemployed. The inevitable result is that the value of each dollar declines, but it does not create more workers, and all prices do not adjust ratably to the increase in the money supply, including the price of labor.