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I could understand getting mad if your pay was lowered, but how are you harmed if the other person's pay is increased? We make all sorts of incredibly bizarre
by bandrami 9y ago
I could understand getting mad if your pay was lowered, but how are you harmed if the other person's pay is increased?
We make all sorts of incredibly bizarre (from an outside perspective) decisions about who gets paid what; the fact that we've fooled ourselves into thinking that it's because of supply and demand curves may be comforting but is completely unfounded in any data.
- RepressedEmu 9y agoWhere does all this "equalizing" money come from? Does it just pop into existence because you want it to?
- bandrami 9y agoYes, in fact, for some value of "you" https://en.wikipedia.org/wiki/Fiat_money https://en.wikipedia.org/wiki/Fiat_money
- RepressedEmu 9y agoYou can't create the amount of money you are talking about without severe economic consequences. That should be obvious.