Minimum wage isn't the problem, fractional reserve banking and unsound money is the problem.
(media.greatawakening.win)
💊 RED PILL 💊
Comments (10)
sorted by:
So with CA logic, minimum wage should be $23.34?
I'm telling ya! No math on GAW during Holy Week!
Create the problem and then come up with a solution to make the problem worse. Sounds just about right.
The idea that the Fed targets a 2% inflation rate every year is the most retarded way to base an economy outside of the Soviet Union
Yeah, but 'ruble' sure sounds cool.
I just sold some to SD Bullion, they gave me $17 per four quarters.
The Coinstar machines reject the 90% silver coins because the weight is different, so it assumes they’re counterfeit. Maybe I’ll find a busy Coinstar machine and hang out there and offer to buy people’s rejected coins for face value, lol.
We recently inherited some older money (not a crazy amount, just a few older bills). Found a $100 bill from 1934 and another from 1950. My dad inherited a ton of old coins when my grandpa passed last year - I haven’t gone through them, but I’ll have to ask my dad one day to break them and check some of them.
There's a word J̶o̶o̶s̶ they use for it: Usury
Anyone who knows why the US didn't move to the silver standard when silver price hit $1.29 in the 1960s
The US abandoned the gold standard in 1933, and by the 60s the continual inflation was ending the silver standard as well - silver was too expensive to use for coins. Copper standard left in 82, no idea when zinc and paper standard will end, seems soon.
Gresham's law - bad money drives out good.
https://www.silverinstitute.org/silverprice/1960-1965/
" In November 1961 the government also suspended silver bullion sales by the Treasury at the formerly fixed price of 91 cents.
Once the Treasury stopped selling at that price, market quotes for silver quickly rose. In June 1963 the Treasury replaced the $1 silver certificate with Federal Reserve notes. By 1963, silver prices reached $1.29,"