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> If everyone bought $4 toast then all the coffeeshop workers would earn more and the tech workers would have less to spend on houses. That would be a good thin
by r0h1n 13y ago
> If everyone bought $4 toast then all the coffeeshop workers would earn more and the tech workers would have less to spend on houses. That would be a good thing.
No offense but that's just naive and wishful thinking. Instead, the increased prices would inflate corporate profits even more without having any impact on real wages: http://www.usatoday.com/story/money/business/2013/05/05/wages-job-growth/2134207/ http://www.usatoday.com/story/money/business/2013/05/05/wage...