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re: This person has figured out how to solve inflation...$50 per hour minimum wage!
Posted on 2/13/24 at 7:09 pm to stout
Posted on 2/13/24 at 7:09 pm to stout
This probably belongs on the MB but higher wages causes higher inflation and thus a vicious cycle the only way to bring down wages is too cool down the job market and sadly that means increase the Fed rate.
Posted on 2/13/24 at 7:15 pm to Order88
Why not $100? Hell, why not $500?
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