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Topic: We need higher wages off course but goverment need to do one thing (Read 727 times)

legendary
Activity: 2898
Merit: 1823
Governments can bring instability too, if they overregulate.  If they fix prices in a way that prevents a legitimate market and a realistic price then the effect is to suppress open business and instability occurs.  Even just plain taxes can bankrupt a country and misdirect business in ways that waste its productive capacity.

All the things that people expect to help can do the opposite, just a simple minimum wage can cause job losses not the hoped for higher wages.  Force is a bad way to implement anything, if you could only eat your dinner with a pickaxe and hammer you would often go hungry Tongue   Government is a blunt instrument, its best played lightly and should always avoid swamping the little start ups with endless red tape and demands.


It's not "Governments can bring instability", it's actually "Governments DO bring instability". Why? Because they own a money-printer and it goes BRRRRR anytime they want to, to bail out their buddies in the legacy banking and financial system. They also use the money-printer to increase government spending, which is inflationary. Plus the effects of money-printing, which causes inflation, is like a tax because printed money is used to fund the government at the expense of the currency to devalue.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Governments can bring instability too, if they overregulate.  If they fix prices in a way that prevents a legitimate market and a realistic price then the effect is to suppress open business and instability occurs.  Even just plain taxes can bankrupt a country and misdirect business in ways that waste its productive capacity.

All the things that people expect to help can do the opposite, just a simple minimum wage can cause job losses not the hoped for higher wages.  Force is a bad way to implement anything, if you could only eat your dinner with a pickaxe and hammer you would often go hungry Tongue   Government is a blunt instrument, its best played lightly and should always avoid swamping the little start ups with endless red tape and demands.
legendary
Activity: 2898
Merit: 1823
This thread 🧵 shows one thing humans are really really really fucked as that can’t agree on foods you can eat never mind the price of the food.

Well as you can see humans have had a long history of life and society. Back then bread and water would have been good but now as we advance so does our culture and beliefs. We have learned about agriculture which is how a lot of countries are accustomed to eating rice and other plant crops meanwhile it is not that common in other countries.

It’s not really about preferences but more of what is accessible and available to them. It’s difficult to reverse thousands of years of cultures and history so we can all agree on what food to eat as a whole.


Coming back to the abilities of different people, not everyone is ready for this change, so I think we have to prioritize ourselves to achieve it all without depending on the government or its policies.
And for food it also depends on our financial capacity to be able to fulfill it or not.


Well said, We should not depend everything to the government, what's more important is for us to gain more knowledge and experiences so we can have a higher pay. in truth, everyone can grow independently especially when it comes to career but are afraid to try and take risks because they don't have confidence in their abilities.


You have the right idea, but the wrong context on insufficient wages and high prices of goods/services. The actual reason why the government shouldn't increase salaries and wages is because it's inflationary. If the government implements higher wages, then the companies who now need to pay higher wages will simply increase the price of goods and services. It's not because they're "greedy", it's because there's always a cost.
hero member
Activity: 2058
Merit: 882
Leading Crypto Sports Betting and Casino Platform
In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.

In a way you're right, but there are just some things the government can't do on its own, Economy is that particular thing on one hand.

The government can raise the salaries of everyone to meet the standards of living of every social hierarchy in your country but if they don't do something about the economy, shit will hit the fan and they wouldn't be able to recover from it. There are nuances in this type of discussion that would require them to really look on both sides and be smart with managing the salary of the regular people, and appeasing the elites who mobilize the economy.

Plus the fact that you're insinuating they put price freeze on shit is a classic way to shoot yourself in the foot. The Philippines did that in 2006-2007 with their price freeze on gas, and instead of this maneuver helping the regular joe, it only turned out worse for everyone as manufacturers impose taxes on the product itself that are more cutthroat.
hero member
Activity: 1400
Merit: 655
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So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.

When it comes to discussions on minimum wages, salary and inflation, all these aspect were do complex to deal with because it's what concerns our individual persons, governments and the economy we run daily, also we should know this that wages cannot just be increased like that just because we want people to be able to afford a living, there must be plans on ground from the government towards these approach to make it more suitable for the change intended.
Minimum wage is what government use to scam citizens  because if they add a minimum wage to the existing salary of  workers and inflation is still working on the economy of that particular that means the minimum wage have no effect now to the situation of the country economy, a minimum wage is another avenue government uses to embezzled funds and still the problem of the country will continue
hero member
Activity: 2492
Merit: 586
If you want the regulate everything by the government, then it's not going to be easy as this could mean that you have to give up your freedom, hence you will be under a authoritarian government. And if you are living in a country that you can go and free, then I think you should be thankful already that you are earning money for a job and not procrastinate.

Just to live in authoritarian country for a year, everything is regulated for you, food are subsidize and see how it goes. I don't understand why there are people who blame everything on their government though.
I think he is talking about those merchants/business owners who are over pricing their products and he wants the government to regulate them so that their prices will get normalized. It is already happening to some and I think those who are restricted here are only them and not the customers, which is a good thing. I'm with the OP because some of them are sometimes abusive already.

There are still types of regulations which are seem to be bad already, like for example here in cryptos because they are slowly removing the decentralized feature of it. Another bad thing is that, crypto users are now being charged by a tax.
hero member
Activity: 2968
Merit: 670
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Coming back to the abilities of different people, not everyone is ready for this change, so I think we have to prioritize ourselves to achieve it all without depending on the government or its policies.
And for food it also depends on our financial capacity to be able to fulfill it or not.
Well said, We should not depend everything to the government, what's more important is for us to gain more knowledge and experiences so we can have a higher pay. in truth, everyone can grow independently especially when it comes to career but are afraid to try and take risks because they don't have confidence in their abilities.
I do agree that government shouldn't be involved, but the be fair I usually think governments should not be involved in most cases anyway, I do not feel like they are doing anyone a justice by doing anything.

I am a liberal person who wants government to be out of everything, and I mean literally everything. Otherwise the more they are involved the more trouble it becomes and that would definitely be a lot more like communism, because in communist nations government is involved in everything and that seems like that's the biggest trouble we are seeing right now. I personally want to avoid that and want to live in a nation that's free and we can do whatever we want without government putting their nose into everything at all times in every subject.
sr. member
Activity: 1400
Merit: 340
This thread 🧵 shows one thing humans are really really really fucked as that can’t agree on foods you can eat never mind the price of the food.

Well as you can see humans have had a long history of life and society. Back then bread and water would have been good but now as we advance so does our culture and beliefs. We have learned about agriculture which is how a lot of countries are accustomed to eating rice and other plant crops meanwhile it is not that common in other countries.

It’s not really about preferences but more of what is accessible and available to them. It’s difficult to reverse thousands of years of cultures and history so we can all agree on what food to eat as a whole.

Coming back to the abilities of different people, not everyone is ready for this change, so I think we have to prioritize ourselves to achieve it all without depending on the government or its policies.
And for food it also depends on our financial capacity to be able to fulfill it or not.

Well said, We should not depend everything to the government, what's more important is for us to gain more knowledge and experiences so we can have a higher pay. in truth, everyone can grow independently especially when it comes to career but are afraid to try and take risks because they don't have confidence in their abilities.
Experience and knowledge may be better developed in an enabling environment devoid of others control and opinions.
A large society will cause the economy to increase the prices of things because of the ease of restocking and distribution.
The thing that may be of aid to citizens in a state will be the need for development and programs to informate and educate the working class as well as cross major hurdles that may border around financial illiteracy.
full member
Activity: 241
Merit: 100
#SWGT PRE-SALE IS LIVE
The government can only regulate prices for certain foodstuffs and that is only the upper limit or highest price, and the market will always determine the overall price, the rarer the goods are found and the demand is high, the market will automatically raise prices, and you will know that in countries with high levels of corruption and even their officials are involved in determining prices in the market because they are trying to make a profit.
What the government can do is only monitor prices in the market and when they have exceeded the normal limit, the government will act, but often they fail to carry out this function so that the prices of basic commodities continue to rise and sometimes they are rarely available on the market.
That's right, the government does regulate certain food prices and the market will determine depending on the demand for the item. If the item is scarce and demand increases of course the price of the item will continue to increase and this will be very difficult for the government to control. When government officials are in an area with a high level of corruption, it will be very difficult to find a stable price for an item, of course there are even some groups who hold back an item so that the price of the item increases and they can make a profit from the item.
sr. member
Activity: 966
Merit: 276
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This thread 🧵 shows one thing humans are really really really fucked as that can’t agree on foods you can eat never mind the price of the food.

Well as you can see humans have had a long history of life and society. Back then bread and water would have been good but now as we advance so does our culture and beliefs. We have learned about agriculture which is how a lot of countries are accustomed to eating rice and other plant crops meanwhile it is not that common in other countries.

It’s not really about preferences but more of what is accessible and available to them. It’s difficult to reverse thousands of years of cultures and history so we can all agree on what food to eat as a whole.

Coming back to the abilities of different people, not everyone is ready for this change, so I think we have to prioritize ourselves to achieve it all without depending on the government or its policies.
And for food it also depends on our financial capacity to be able to fulfill it or not.

Well said, We should not depend everything to the government, what's more important is for us to gain more knowledge and experiences so we can have a higher pay. in truth, everyone can grow independently especially when it comes to career but are afraid to try and take risks because they don't have confidence in their abilities.
sr. member
Activity: 812
Merit: 252
This thread 🧵 shows one thing humans are really really really fucked as that can’t agree on foods you can eat never mind the price of the food.

Well as you can see humans have had a long history of life and society. Back then bread and water would have been good but now as we advance so does our culture and beliefs. We have learned about agriculture which is how a lot of countries are accustomed to eating rice and other plant crops meanwhile it is not that common in other countries.

It’s not really about preferences but more of what is accessible and available to them. It’s difficult to reverse thousands of years of cultures and history so we can all agree on what food to eat as a whole.
The developments that continue to occur in all sectors cannot be stopped and currently there are quite a lot of experts who are making innovations and even making better progress.
However, implementing this in our lives seems to be forced by circumstances that give rise to a great desire to be able to fulfill it.

Coming back to the abilities of different people, not everyone is ready for this change, so I think we have to prioritize ourselves to achieve it all without depending on the government or its policies.
And for food it also depends on our financial capacity to be able to fulfill it or not.
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
This thread 🧵 shows one thing humans are really really really fucked as that can’t agree on foods you can eat never mind the price of the food.

Well as you can see humans have had a long history of life and society. Back then bread and water would have been good but now as we advance so does our culture and beliefs. We have learned about agriculture which is how a lot of countries are accustomed to eating rice and other plant crops meanwhile it is not that common in other countries.

It’s not really about preferences but more of what is accessible and available to them. It’s difficult to reverse thousands of years of cultures and history so we can all agree on what food to eat as a whole.
legendary
Activity: 2772
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.

The government can only regulate prices for certain foodstuffs and that is only the upper limit or highest price, and the market will always determine the overall price, the rarer the goods are found and the demand is high, the market will automatically raise prices, and you will know that in countries with high levels of corruption and even their officials are involved in determining prices in the market because they are trying to make a profit.
What the government can do is only monitor prices in the market and when they have exceeded the normal limit, the government will act, but often they fail to carry out this function so that the prices of basic commodities continue to rise and sometimes they are rarely available on the market.
sr. member
Activity: 1652
Merit: 298
Governments only help in to stabilize markets, regulate transactions, provide institutional frameworks, and enforce rules around contract law and property rights.They're only responsible for enacting policies concerning monetary and fiscal policy which I'm turn renders an amazing impact to the market in general.

They regulate the activities that should build and maintain a strong financial system for the country;the government is expected to play certain roles towards the market by ensuring balance and long-lasting impacts on companies,industries,and markets at large.
legendary
Activity: 2646
Merit: 1176
In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.


These minimum wages are completely wrong, plus they will vary within states and countries of the EU. Your estimate of the UK minimum wage is ridiculously bad, it's more than double what they actually get. The government doesn't need to regulate any of the things you've mentioned, because that would turn them into a communist country which history has shown is a disastrous economic model. It's hard to understand what you're even suggesting but when your numbers are so wrong in your opening sentence it doesn't seem like you have a grip on the real reality of the situation. Many times governments are at the mercy of global markets so have limited ability to fix things and just try to help in the areas they can control, like stopping cheap credit by raising interest rates.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Thats a military dictatorship, more of a hostage situation then what I would call a system of governance.  The way I would classify the terrority of North Korea is like a satellite nation of China with China also being a military dictatorship for its continuance.  In theory they worship at a different school of politics but ultimately the countries are occupied by an army holding a gun to its people on whether they contest the government or not.  I dont think they make it as far as communism or long words, its just shot vs shot. 
sr. member
Activity: 2618
Merit: 439
Just to live in authoritarian country for a year, everything is regulated for you, food are subsidize and see how it goes.

Example of an authoritarian country is North Korea. We’ve all heard stories of north koreans trying to escape and barely doing so. I have seen how even their media that they consume is regulated and controlled.

I don’t think many people from authoritarian countries will say that their system is flawless and everyone else should follow.
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
the op’s thread is insanely ridiculous.

people have religious food restrictions

so pork in Israel 🇮🇱 Or saudi arabia 🇸🇦 would have zero or next to zero demand..


wine is not in demand in muslim countries

but in Spain pork and cheese plater with a glass of wine is in high demand

So world wide governments will not set the prices with some religious regard.

This thread 🧵 shows one thing humans are really really really fucked as that can’t agree on foods you can eat never mind the price of the food.
hero member
Activity: 2842
Merit: 772
In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.

If you want the regulate everything by the government, then it's not going to be easy as this could mean that you have to give up your freedom, hence you will be under a authoritarian government. And if you are living in a country that you can go and free, then I think you should be thankful already that you are earning money for a job and not procrastinate.

Just to live in authoritarian country for a year, everything is regulated for you, food are subsidize and see how it goes. I don't understand why there are people who blame everything on their government though.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
What do you want the government to do? Tell the food store how much they should sell their food? Or speak to the house owner on how much he should price his house? There should be ways that the government can intervene, maybe providing financial assistance. At the end of the day, even if they constrained the prices of food, etc, it’s known to keep increasing because of inflation.
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