It dosn't simply disappear. It stays in the economy.

There is no such dynamic is "exploiter" and "exploited" in a free market.

Except we would see way to many problems before it corrects itself

If two peopel engage in a trade, it is because it is beneficial to both.

it's not for women's sake that they want women to take those jobs. It's purely self interest to dilute the market with as many people as possible

I mean sure do your thing

Both parties end up richer after the transaction.

You will see that I'm right

So do we just keep raising the minimum wage?
I think more people will starve if you do that.
https://www.youtube.com/watch?v=0fsVI3EmUnQ&fbclid=IwAR0WIXJHT9um0mvJH5USqkGqFjY5nKzywElMJySDVicv0Wq2fLFpMMXzQoA

I feel like you guys are not even listening.

I am, your saying that we go back to how it was

It wasnt great

But it worked

Huh?

Our system now hyperinflates our currency

Can we stick to cause and effect?

I don't want to just throw out buzzwords.

So basicly your saying, let's drop the minimum wage

that would be the usuary effects of banks lending more money then they have and charging interest on it

To which your not wrong

No minimum is better

I don't even understand what you are arguing for anymore.

because of that practice, they create money out of nothing essentially

If there was never a minimum wage

more money in the system devalues what is there and results in inflation

I'm saying that if we drop the minimum wage, it would go down hill fast. The reason is becuase we have a minimum wage

The argument that the price of unskilled labor would descend into nothingness without minimum wage is simply wrong.

and that is tied to minimal wage

It's not?

Eh, I already wanted to go back to work.

Think of it like this undead

so overall, we can thank the banks for inflation and all it's side effects I think

You need to eat right?

It's not for most of the country, but for places like Florida with all the goddamn cubans, and all of the mexican border with their illegals problem, oh it'd drop through the goddamn floor like a rock in a pool.

and good luck fishing it back out

It's simply amazing to me how people always demand more regulation when free markets have consistently proven to generate most wealth for everyone.

Regulations keep making things worse and what do people demand - more regulation, more intervention.

Let me ask again

You need to eat right?

@JustTom You're implying people would purposefully underbid themselves to the point where they wouldn't even be able to sustain themselves

or cover costs