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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (227)8/7/2013 12:32:10 PM
From: Ahda  Read Replies (1) | Respond to of 594
 
AG what will happen when the service workers union gets a contract for $15.00 an hour for their workers?.

Tis true they are underpaid for what they do but tis also true the entire nation is apt to be requesting double income so they can buy fast food. Or will the fast food industry find a method in tech to reduce the need of labor? Kirobo comes to the defend. .

Is it not also true that wage inflation is the creator of product inflation. Or can we import more because of external cost difference and will that cause a reduction in jobs that can be done offshore ?
Does that mean that we soon shall see solar powered ships?

You cannot have inflation without surplus currency. It is impossible !.