A Quote by Max Keiser
By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply.
Related Quotes
The world has witnessed the rise and fall of monarchy, the rise and fall of dictatorship, the rise and fall of feudalism, the rise and fall of communism, and the rise of democracy; and now we are witnessing the fall of democracy... the theme of the evolution of life continues, sweeping away with it all that does not blossom into perfection.
There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.
Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the Fed and its ability to distort the economy, penalizing labor, or make the Fed's distortions available to all businesses and all workers.
Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
All those commodities are going to have to rise in value as we are in short supply and we are printing too much money.
The dead are happy, having no desire. I rise and fall, and rise and fall again, Something is in me, famishing for bread, Baffled and unappeasable as fire.
This is the great crisis in football now. It's not just Rangers; it's a lot of clubs. Big clubs always create more debt despite the huge income they have. It's almost an achievement, isn't it? They make so much money, and yet, still, their debts rise and rise and rise. How does that happen? It's absurd.
Throughout human history, countries rise and fall. But not America-we continue to rise and rise, like dough, until Jesus bakes us in the fiery Afterscape of the Rapture.
Gold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be in limited supply, and would require real resources to produce even from the sea; paper and printing ink are not in limited supply. The gold system is much closer to a modern automatic scientific control system than the crude and relatively unstable system of paper.
By keeping labor supply down, immigration policy tends to keep wages high. Let us underline this basic principle: Limitation of the supply of any grade of labor relative to all other productive factors can be expected to raise its wage rate; and increase in supply will, other things being equal, tend to depress wage rates.
How do things, whether they are movies, or plays, Hamilton, or people, ideas - how do they become transformative or iconic? That is in some ways what the actual Star Wars saga gets at, with the tale of the rise and the fall of the empire and the rise and the fall of Republics.
Civilizations rise and fall on confidence. America had figured out a way to borrow money to manufacture it.
Raising the federal minimum wage won't just put more money in the pocket of low-income families - it also means they spend more money at the businesses in their neighborhoods. [Donald] Trump's against that as well.
The rise and fall of images of the future precedes or accompanies the rise and fall of cultures. As long as a society's image is positive and flourishing, the flower of culture is in full bloom. Once the image begins to decay and lose its vitality, however, the culture does not long survive.
Better it is to live one day seeing the rise and fall of things than to live a hundred years without ever seeing the rise and fall of things.
The Keynesian prescription for unemployment rests on the persistence of a 'money illusion' among workers, i.e., on the belief that while, through unions and government, they will keep money wage rates from falling, they will also accept a fall in real wage rates via higher prices.
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