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How Bernie Sanders's minimum wage hike idea works in Venezuela
American Thinker ^
| 6 Jan, 2018
| Monica Showalter
Posted on 01/06/2018 8:31:21 AM PST by MtnClimber
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To: EagleUSA
And this includes Sanders. He was a hippie bum for most of his useless life. As I recall, for a short time he lived on a "hippie commune," where he was despised, because he didn't want to work. I believe he left before he was kicked out.
Mark
21
posted on
01/06/2018 9:48:34 AM PST
by
MarkL
(Do I really look like a guy with a plan?)
To: Tilted Irish Kilt; Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; ...
22
posted on
01/06/2018 10:13:33 AM PST
by
bitt
(The first to squeal gets the best deal.)
To: Tilted Irish Kilt
it will be only natural to encourage more inflation since cryptocurrency inflates as demand grows. Who is going to demand Venezuelan currency?
I would think that deflation more likely in this case.
At least this currency would be tied to a real commodity, oil. If it was actually operated in that fashion it would be real money. A volatile currency however and so not a very good one.
It would be like taking a bunch of oil futures to the store. I dont see it catching on because who would accept it in trade?
23
posted on
01/06/2018 10:16:30 AM PST
by
Pontiac
(The welfare state must fail because it is contrary to human nature and diminishes the human spirit.L)
To: Tilted Irish Kilt
it will be only natural to encourage more inflation since cryptocurrency inflates as demand grows. It can be made to, but the whole point of most cryptocurrencies IS A FIXED AND LIMITED SUPPLY.
24
posted on
01/06/2018 10:16:59 AM PST
by
null and void
(this tagline abducted by aliens)
To: MtnClimber
***raising the minimum wage***
If this solved all problems we should still be working for 25 cents an hour, in real silver coin.
To: MtnClimber
Yet in the US, where “more government” mandates have failed, Trumps “less government” tax” plan has allowed voluntary wage increases to $15/hr.
So which approach is the winner, class?
26
posted on
01/06/2018 10:46:45 AM PST
by
bigbob
(People say believe half of what you see son and none of what you hear - M. Gaye)
To: MtnClimber
When price controlled socialist states like Venezuela start crumbling, the haves and have nots are defined by who has toilet paper.
27
posted on
01/06/2018 11:15:20 AM PST
by
chuckee
To: Leaning Right
We start by using unemployment and welfare to gauge how many immigrants we really need.
28
posted on
01/06/2018 4:05:51 PM PST
by
Keyhopper
(Indians had bad immigration laws)
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