It's not going to solve anything, it will create the same revolving door thats raised the cost of living for decades. The only thing it will prove is that people who work in those positions, are not smart enough to see all the other outlying factors that go with increasing wages. All they think is, "Hey, we want more money, I don't care where it comes from or what else happens, I'm just tired of living in poverty!"
There still needs to be something behind it with intrinsic value. So lets just fart out precious metals while we increase wages.
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