Minimum Wage Supporters Learn About The Federal Reserve.

Fix the money not the wages.


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  1. If money in a bank account is collecting interest then by default that
    money is being used by some other business somewhere in the economy and so
    it is "cycling" in the economy, either that or people pay interest on money
    in a bank account for the pleasure of holding onto it.

    Reply
  2. Bitcoin is a great start, and if you add in Shire Silver (physical units
    that contain gold and silver and fit in your wallet just like credit cards,
    so easier to use than traditional bullion coins) you don't need the paper
    crap.

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  3. "110k billion" What??? That's 100 thousand billion dollars. Show me any
    private corporation that has that kind of money and I will bow down and
    convert to communism. It's so sad that the people who have the balls to get
    out there and protest are also dumb as fuck.

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  4. Hey, You did a really great job exposing those guys to some truth by being
    respectful and informative. They're clearly active, they just need to be
    informed and their newfound knowledge will point them in the proper
    direction.

    Reply
  5. I'm not a fan of bitcoins, but kudos for you for handling that well!
    Instead of trying to get into a battle on why minimum wage laws are a bad
    idea, you went straight into explaining what you think the real problem is
    instead. Very well handled. I'll have to make note on how to do that!

    Reply
  6. This was a brilliant education. Well done! The interviewer let these guys
    speak, and then dropped some education on them in a concise and irrefutable
    manner that let them change their minds on the real nature of the problem.
    Comparing minimum wage and the cost of silver in 1964 and today is a great
    way to make this point. If we were still backing the US dollar by gold and
    silver instead of having fiat paper Federal Reserve notes, minimum wage
    would effectively be over $17 per hour. It's not too much of a leap from
    there to see that the government shouldn't artificially regulate wages, or
    the cost of anything else. The free market has been proven to be a far
    better determinate of "social justice." Their "food insecurity" talking
    point is evidence that they still have a way to go to reach economic
    enlightenment, but they may be on the right path. They need to understand
    WHY more than one in seven Americans pay for food with an EBT card, and why
    that number is rising every day.

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  7. funny, calling for a currency that's backed by silver or gold and then
    contradicting yourself by praising Bitcoin that isn't backed by anything.

    Reply
  8. That jacket the tall idiot liberal fuckstick is wearing looks fairly
    expensive. Those two are fine examples of why other countries look at the
    US as a land of idiots. 

    Reply
  9. Wait till he finds out that government policy and subsidies contribute
    greatly to the good problem! Eat locally, start a sustainable community
    garden, don't guess where your good is from.

    Reply

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