I am of the belief that interest rates are already negative and that therefore you are paid to borrow and invest money. Rises in minimum wage have been steep. Inflation numbers are close to 2%. This is bull. In Canada minimum wage has increased 50% over the last 7 years indicating an approximate annual increase of 5% annually. I would rank inflation at minimum wage of 5% meaning you borrow at 3% and get paid 5% to keep your money in an asset. Invest correctly and you will be rich AF.
The beaurocrats are talking themselves in circles to justify it. Minimum wage is the wage to buy a basket of goods necessary for survival and so is inflation. How come the inflation numbers and the minimum wage do not match then?
So borrow borrow borrow and they will pay you to do so. The Government's inflation statistics are about as genuine as the popularity polling of kim jong un in North Korea
there doesn't seem to be anything here