So minimum wage etc are fucked than they were in the past and raising that will fuck it up even more

god damn

wages only go up if people complain enough.

The only problem is raising wages is another bit of problems

But here's the thing ... this is a family based economy, not an individualist economy.

With inflation

Economics is never simple

The economy expects you to get your shit together.

Fiat currency isn't an issue

IE: Get married, have kids.

The problem is it's not viable to do that for many people

Fiat is the reason why we had so much innovation in the 20th century

But too many people are not doing this, or progessing to greater things.

that's 20th

It's a choice NOT to do it.

this is 21st le current year

We don't need a minimum wage

"Min. wage is the most anti negro law out there." Friedman.

The problem isn't that we don't have a gold backed currency, it's that the guys who control are profit driven

At least in America

well that's natural, people want to make a profit

civil servant for a government as it is is a paradox

Damn this is crazy

At the end of WWII, the U.S. had 75% of the world's monetary gold,

daddy give me your cummies

@the_mrrob The reason the US was a superpower was due to WW2

and the cold war

Now US will fall of the map

Ya

Good times make weak men and then the hard times come

europe is garbage always infighting each other

which makes the "hard" men but evidentally enough they've cushioned it so much to the point were that pool is small

then germany taking over again

Singapore has the best economy

Its very free market

One of the highest

Corporate tax rate is only 17%

And it's mostly services

So they don't have to rely on a limited supply of raw resources

It's extremely good

Why do people debate so much on which econmic system is the best when we have such good examples