Total Members: 158,198

alexusblack

  • alexusblack replied to the topic What is wrong with a 5% wage increase? in the forum Opinionated! 1 year, 8 months ago

    When you say lift 5% across the board do you mean minimum wage increase for all occupations by 5%? I don’t think government can directly increase wages in other way.

    It sounds to me that end goal of the flat increase you suggesting is to help people with lowest income without giving much to people with higher income. Would that be…[Read more]

  • alexusblack replied to the topic What is wrong with a 5% wage increase? in the forum Opinionated! 1 year, 8 months ago

    I think that strait dollar or % are just different numerical representations of value change :-). We can issue it even in cans of tuna to make life harder for people, but this would still add value into economy. Both monetary bonuses and % min. wage increase are tools to increase volume of exchange medium in hands of people to compensate for…[Read more]

  • alexusblack replied to the topic What is wrong with a 5% wage increase? in the forum Opinionated! 1 year, 8 months ago

    For me it sounds like you look at numbers not at values :-). Current inflation and change of price of consumers basket is around 5%. That means that value of money decreased by 5%, decreasing everyones salaries, rental income and so on. This is already a fact that happened due to amount of cash printed during pandemics by AU, US and others to…[Read more]

  • alexusblack replied to the topic What is wrong with a 5% wage increase? in the forum Opinionated! 1 year, 8 months ago

    For me it sounds like you look at numbers not at values :-). Current inflation and change of price of consumers basket is around 5%. That means that value of money decreased by 5%, decreasing everyones salaries, rental income and so on. This is already a fact that happened due to amount of cash printed during pandemics by AU, US and others to…[Read more]

  • alexusblack replied to the topic What is wrong with a 5% wage increase? in the forum Opinionated! 1 year, 8 months ago

    For me it sounds like you look at numbers not at values :-). Current inflation and change of price of consumers basket is around 5%. That means that value of money decreased by 5%, decreasing everyones salaries, rental income and so on. This is already a fact that happened due to amount of cash printed during pandemics by AU, US and others to…[Read more]

  • alexusblack became a registered member 1 year, 8 months ago

alexusblack

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,198

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!