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>You still earn exactly as much as you do now, And one would assume you'd see rents and housing prices very rapidly start going up, then presumably other price
by ryanmercer 6y ago
>You still earn exactly as much as you do now,
And one would assume you'd see rents and housing prices very rapidly start going up, then presumably other prices over varying levels of time.
- VincentEvans 6y agoPerhaps. But why wouldn’t the same apply to salaries then? What would happen if we were to set the minimal wage at 100K so that we eliminate the poverty in one swift move and everyone is either equally rich, or as you are worried - equally poor :)