Minimum Wage Is A Curse, Not A Blessing

Minimum Wage Is A Curse, Not A Blessing by Nathan McDonald, Sprott Money

Central planners and politicians have no clue when it comes to creating wealth. They are incapable of creating growth and a productive economy, despite what they would have you believe.

The government cares about one thing above all else: expanding itself and its power. One of the methods in which they have done this through history, up until the point in which it becomes so bloated it implodes on itself, is through the expansion of social welfare programs.

In the West, a large portion of the population now finds itself stuck in this very cycle, the social welfare cycle, which is the doom of all established economies...