Quote Originally Posted by IgotQuestions
No. I think you might be confusing causation with correlation. Minimum wage is periodically raised to help keep up with the effects of inflation, but not to cause it. Having a means of credit and money as debt helps perpetuate inflation in my opinion.
yes, i would agee, altho i'm no expert. the private federal reserve creates what is hoped small inflation to avoid the opposite effect of deflation, which would cause our assets to begin to lose value while our debt increased value. deflation would be a real disaster i hear. of course the other natural effect of inflation is that the people who print the money and sell it to our gov't make shitloads of profits on it while the rest of us get hosed daily without even seeing it. :twocents:

has anyone checked bit coin lately, it is now larger that some national currencies. this could be the solution to artificial induced inflation i hear.