When businesses begin to charge for services they formerly provided for free, or when business raise or lower prices, they are changing the amount of money-supply needs in the economy, not the available service supply. Such changes can be a source of monetary difficulties if they become sufficiently substantial. In Chapter 17, I point out that it is the customer or buying nation in a continuous international trade imbalance situation that benefits the most, but, as I point out in that chapter, that is only if the customer nation has a way to take into account the depletion of money it is sending, which the selling nation is essentially hoarding. A self-sustainable nation has a potential way of doing that which a local economy does not have, or at least does not have as readily available. As I am writing this, the U.S. Federal Reserve Board yesterday raised short term interest rates because they believe inflation will otherwise occur.
Unemployment is low.
However, low unemployment in today's economy is the result of many workers being employed part time or in low level jobs, many with low pay and without benefits, such as health insurance. Changing interest rates alone is not going to change the skewing of money away from things such as medical insurance, which many people do not make sufficient money to afford. Forced idleness when one is healthy is not the same as leisure because it is demeaning and boring in many cases and because it can mean there is no money being earned if one is not the beneficiary of welfare or charity. When someone expresses appreciation for having work, that generally means they appreciate having the opportunity to earn money from the work or the opportunity to show what they can do, or that they appreciate having something to do rather than being bored. Normally, however, what people call work is not something anyone appreciates having to do, even if they appreciate the results of it.