While I am very pro-minimum wage, it does need to be more regionally based than nationally. The minimum required to get by in LA, New York, and so forth is going to be different than some podunk middle of no where towns in rural America.
Completely removing money is forever impossible, as long as we are here. Some people will always be trading. It’s just our human nature, and money is very useful for trading. That means, even if the state of any country discontinues their fiat currency, the trading people that were agreeing upon using that currency, will just switch to any other fiat currency still in existence, or any crypto currency, or gold or whatever else they agree upon.
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While I am very pro-minimum wage, it does need to be more regionally based than nationally. The minimum required to get by in LA, New York, and so forth is going to be different than some podunk middle of no where towns in rural America.
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Completely removing money is forever impossible, as long as we are here. Some people will always be trading. It’s just our human nature, and money is very useful for trading. That means, even if the state of any country discontinues their fiat currency, the trading people that were agreeing upon using that currency, will just switch to any other fiat currency still in existence, or any crypto currency, or gold or whatever else they agree upon.
Teenager take
Isn’t that why it’s so low? It would also be hard anywhere in the US to live on $7.25 an hour.
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