Post
Topic
Board Economics
Re: Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire
by
stompix
on 15/01/2020, 11:29:08 UTC
If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour.

And then you're going to have to tip your pizza boy 200$ and the delivery cost will be another 100$.
How about they raise the wage to 34 centillion per hour?

After all, it's not the government who pays those wages, it's the owners of private businesses that do, the government is just redistributing someone else's money.

I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?

Yeah, the zimbabwe dollar was free to print...the bolivar also...till it was more expensive to print a banknote than the value of that banknote.
This is why I've always said that economy should be a mandatory study from middle school for everybody.