1044 Big corporations advocate minimum wage increase (media.patriots.win) posted 39 days ago by ravioli_king 39 days ago by ravioli_king +1045 / -1 19 comments share 19 comments share save hide report block hide child comments Comments (19) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 1 ▼ – ThorsonTT 1 point 38 days ago +1 / -0 What people don't understand is that raising the minimum wage devalues the US dollar, which also devalues DEBT. These companies have an enormous amount of debt. The dollar value of their stock and property will rise, but their debt will shrink. permalink save report block reply
What people don't understand is that raising the minimum wage devalues the US dollar, which also devalues DEBT. These companies have an enormous amount of debt. The dollar value of their stock and property will rise, but their debt will shrink.