| fatslob-:O said: Let me be the first to say that to anyone who thinks increasing minimum wage will result in a net increase in jobs are only fooling themselves ... From the posts in this thread not a lot of people understand the idea of 'money'. These notes are only useful for one thing and it being a medium for exchanging as they are not backed up by anything other than our own trust in it. Having more notes doesn't actually make you 'richer' so to speak assuming the demand stays the same ... You can lower or increase the minimum wage but it won't change a dick about your relative purchasing power since expenses change relative to the wages. There's an easy solution to be able to raise the minimum wage to $15 for everyone and that's by printing out twice the amount of cash than what's currently available but I wonder how they'll feel once they figure out that their purchasing power remains the same ... |
https://www.youtube.com/watch?v=a9xSVzdUNqo
