Because hyperinflation will keep wage rates high enough that minimum wage laws won't matter. During the worst years of the Great Depression, unemployment hit 25 percent. Our current calamity is so often compared to that era that it worth asking: will things get that bad? Economist Robert Murphy says they won't. Our government won't make the same high wage policy mistake that cripled the jobs economy in the 1930s, and even if stickiness in wages (due to minimum wage hikes or government support of unions) inflation will actually push wages higher. From the Mises Institute: The single biggest blunder Herbert...