Posted by Bruce from Can. on January 11, 2018 at 17:54:33 from (76.69.31.140):
In Reply to: $11 minimum ? posted by Spook on January 11, 2018 at 11:58:23:
I think it is fair to say that raising the minimum wage is in truth only a sign of the diminishing value and buying power of a dollar. Most things cost about ten or more times what they cost in the 60's. Therefore the minimum wage will need to be ten times as high too , to allow the worker earning that wage the same buying power. It is called , "inflation". Your money in the bank becomes worth less and less , because of the low rate of prime lending, and interest paid on money in savings accounts and bonds. So to hedge against inflation , you must invest in some thing tangible, like gold, or real estate for example. Maybe even old tractors, if you buy the right ones.
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Today's Featured Article - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
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