Banking

Silver vs Fiat: The Fall of Minimum Wage in Real Terms | Mike Maloney

Posted on by thehawthorn
24
Jul

Get Mike’s new book at http://www.ggsr21.com Dive into the shocking reality of how inflation has decimated the minimum wage over the past six decades. In this eye-opening video, Mike Maloney breaks down complex economic concepts to reveal that the minimum wage has effectively fallen by over 70% since 1963. Using the example of silver quarters, he illustrates the decline in purchasing power and discusses the broader implications of income inequality and flawed economic policies. Learn why raising the minimum wage might not be the solution and explore alternative approaches to solving economic disparities.