Minimum Wage Idiocy

Poor ignorant youths (actually, most of them around my age, maybe a little younger) have been wandering from door to door trying to get people to sign petitions to raise the state minimum wage.  As it is, I can barely afford anything these days.  My somewhat more than minimum wage is constantly being devalued by endless injections of liquidity via quantitative easing, and the proposed $3-$8 hikes in the wage that are being floated by ideologues who don’t understand how economics and commerce work may prove to be a nail in my financial coffin.  I wouldn’t be surprised if within the next two years I’d be making minimum wage.  There’s just no point in trying to explain to these fools that liquidity and wealth are not the same thing.  You can’t just give everyone in the world more of something and expect the value of that something to not drop.  Because Johnson debased our currency in 60s by removing precious metals from our coinage, you’re not actually going to be getting any more of anything of any worth, just the broken and empty promises of a government that doesn’t obey its own laws and doesn’t care about how much of other people’s money they waste. Sorry brass just struck last week and branded with a wretched brand. But hey, someday soon we’ll all be millionaires and billionaires, just like those poor schmucks in Zimbabwe who had to push grocery carts full of money to the store just to buy a loaf of bread.  Enough liquidity for an entire country to drown in.

 

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