$15/hour minimum wage provides more disposable income and it WILL be spent, thereby causing prices at the basic survival-level to RISE (aka CPI).
The Fed has done an excellent job of hiding the trillions from the CPI. They've hidden it billionaires and corporate balance sheets and foreign transactions, however, the gig is now up. That money was bound to trickle out at some point.
$15/hour has gained sufficient traction to spread like wildfire, so there is nothing that can stop the inflation. It will become a spiral.
In all of history, every currency has failed. Every single one.
The ONLY way out of this is to "de-clip the coinage". What I mean by that, is to maintain the value while providing capital improvements to grow the real economy to handle the excess money supply. Then you can raise taxes and pay back the debt. Simultaneously, the Fed will also have to change their accounting rules to back the currency with something tangible (not purchasable assets). I have the full plan. Will they do it?
The hyper-inflation has begun!
The Fed has done an excellent job of hiding the trillions from the CPI. They've hidden it billionaires and corporate balance sheets and foreign transactions, however, the gig is now up. That money was bound to trickle out at some point.
$15/hour has gained sufficient traction to spread like wildfire, so there is nothing that can stop the inflation. It will become a spiral.
In all of history, every currency has failed. Every single one.
The ONLY way out of this is to "de-clip the coinage". What I mean by that, is to maintain the value while providing capital improvements to grow the real economy to handle the excess money supply. Then you can raise taxes and pay back the debt. Simultaneously, the Fed will also have to change their accounting rules to back the currency with something tangible (not purchasable assets). I have the full plan. Will they do it?
The hyper-inflation has begun!
