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/leftypol/ - Leftist Politically Incorrect

"The anons of the past have only shitposted on the Internet about the world, in various ways. The point, however, is to change it."
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File: 1717519917529.png (Spoiler Image, 566.66 KB, 740x731, 3kGMDbuLbKFs.png)

 

Just thought of this one: if raising the minimum wage necessarily increases inflation, then reducing the maximum wage necessarily reduces inflation. Mathematically, you can't have it both ways.

 

>>1876182
stupid idea because most income at the top end comes from capital not labor. So a "maximum wage" wouldnt mean shit other than giving CEOs more compensation in the form of stocks rather than wages.

 

>>1876182
Not nescessarily, it can also just kill those buisnesses faster or it can make the inflation worse. An example of the later is Elons wages, which 99.99% from stocks, meaning either some dividens or stock sales. Artificially reducing his wage means reducing the stock price, to compensate from the reduction of investment into the company, either workers salary would have to be lowered or prices raised. This would increase inflation.


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