This Sunday BC’s minimum wage rises to $17.85/hr—a 45¢ increase. While this is a welcome raise for low-wage workers, it still falls short of what British Columbians need to make ends meet.
Because the CPI is fake, we buy 50% of mortgage bonds in order to depress mortgage interest inflation, and the index is actively manipulated. If you wanted to match real inflation with a minimum wage you’d need either no monetary inflation, or a non-political CPI index that cant be manipulated.
Because the CPI is fake, we buy 50% of mortgage bonds in order to depress mortgage interest inflation, and the index is actively manipulated. If you wanted to match real inflation with a minimum wage you’d need either no monetary inflation, or a non-political CPI index that cant be manipulated.