Minimum Wage and Silver
There is a never ending call to increase the minimum wage to a living wage. This isn’t necessarily a bad request and its a very real problem facing many Americans but the key thing to realize is that the request to raise the minimum wage is never ending! After you get the increase, in a few years you’ll have to ask for another increase.
You’ve got to realize why this happens and the craziest thing is that the people who are asking for an increase are the same people who are voting the idiotic politicians into office that cause the problems that create the need for an increase in the minimum wage.
How about asking what makes the dollar consistently lose value year after year so you need more dollars to buy the same living essentials? Essentially the purchasing power of the dollar shrinks because of the insane amount of “quantitative easing” or printing money initiated by the Fed on behalf of dumb politicians.
When you look at the picture of the silver quarters, you’ll see one reason why its so smart to buy silver. Over the long term, silver and gold bullion go up or at least retain their value whereas the money you hold, if its being printed like crazy by your government, loses its value or purchasing power big time. 5 quarters were worth the minimum wage in 1964, but thanks to our governments nutty monetary policy, those five quarters wont even come close to paying the minimum wage today let alone buying living essentials. But, if you sold those 5 silver quarters (quarters were made of silver pre-1965 but not anymore) at todays silver price you’d get around $15 back! Government can’t print silver can they?
If the idiots weren’t printing money (which only benefits the people with immediate access to it), the money supply would be stable and the poor and minimum wage workers and savers and fixed income people would see increased purchasing power.
Learn how money works or continue to be dumb and vote for idiots. If you’ve bought the Stack Silver Get Gold book then I know you’re not one of the dumb ones.
Short rant over hahaha.