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Get rid of minimum wage and replace it with UBI. Avoids the market distorting effects of minimum wage without leaving people destitute.
by concordDance 3y ago
Get rid of minimum wage and replace it with UBI. Avoids the market distorting effects of minimum wage without leaving people destitute.
- jkepler 3y agoNo! Creating more money doesn't create wealth. We need to cap the money supply, let working people save in money that isn't being stolen from them by design (central banks target rates of inflation), and trust that with the deflationary effects of technology, peoples' savings will gradually increase in purchasing power.