> the only workable way forward with minimum wage increases. >> In the short term, obviously. > how to shift the system. Well one thing is to have the federa

> the only workable way forward with minimum wage increases. >> In the short term, obviously. > how to shift the system. Well one thing is to have the federal reserve slowly increase its discount rate over fixed preset intervals, say: to 25% over the course of 5 years. At some point, nobody buys bonds at the discount rate anymore, and the fed is no longer necessary for banking operations (originally the fed was supposed to be "the bank of last resort" but it is more like "the source of money printing" now). You'd have to figure out how to make the fed no longer necessary to run government programs, but one can imagine if we cut out the cronyism, actually taxed corporations, and decreased our military budget by about 25% or so, we would be able to do just fine.