>higher wages lead to more demand which leads to more jobs which leads to higher wages
Is she right?
So if they pay you more you'll
Spend more? I think I'm gonna buy a new hamster wheel.
inflation
Think about it. Why would a rich guy buy more than one ipod? And if he does, how many would he buy? 2? 3?
Yeah sure, if the price was stagnant, or profits didn't include wages, or stock price wasn't influenced by performance.
Unfortunately we would just see inflation
>>78165268
>Supply/Demand illiterate
It's simple:
1. The less there is of resources needed, the more resources are worth (price goes up).
2. Surplus of resources needed reduces value of said resources (price goes down).
Now, replace resources with "homes"
Now, replace resources with "dot com businesses"
Now, replace resources with "job"
Artificially valuating something (jobs working at, oh, say, McDonald's, or Houses, or domain names with no substance) at a higher price than they are worth creates bubbles. People hate speculators because they create instability. Instability leads to crashes. Crashes lead to stabilization periods. Stabilization periods over the past 16 years have been swept under the rug with quantitative easing (creating money from no where to mask the problem).
Start fucking with the minimum wage, and you'll decay the small business infrastructure that the entire economy is based on (no more batting cages, pizza joints; fewer urgent care clinics, and dentists; less construction work).
>>78165268
She sure is.
I mean, look how well it worked for Zimbabwe!
>>78165268
it's that magical economic perpetual motion machine again huh? or maybe if we break enough windows we'll all be millionaires? These economists build their theoretical houses on a base of sand.
>>78165268
Is she right?
>>78165268
In truth, higher wages lead to more job loses.
>>78167854
>it is a whole lot easier to say a problem doesn't exist than it is to try and solve it
>>78165268
She's absolutely right about that.
Higher wages are part of a virtuous cycle.
If you increase the supply of labor by bringing in millions of immigrants, wages go down.
Why does Hillary want to depress your wages?
>>78165268
More like higher wages leads to businesses just saying " lol kay" and firing all their niggers and potheads and replacing them with robots and self service kiosks
Of course she knows this though, that'swhat the globalist socialists want, more people on welfare.
The best way to control someone is to make them depend on you to survive.
>>78165268
>Is she right?
>>78165268
>>78165268
just ask your this question: if there is a gay man with a full hard-on dick exposing, would you walk up to suck it?
the answer to your question will depend on the answer to the question above
Get this disgusting shit out of here, worm.
>>78169063
THIS.
