Podcast Ep. 31 - Raising Minimum Wage and Inflation

#useconomy #businesseconomics #minimumwage #inflation #podcast
An interesting video from TikTok about raising minimum wage and inflation was very intriguing. There's positive and negative effects on raising minimum wages to lower inflation and the magnitude of those effects can sway the US economy. A full breakdown on the subject to better understand some of the things that affects our economy (US) and the livelihood of the citizens.

Certified Economist:

@TJMarkets - Timothy James
TikTok - inversenews
( He's mainly posting on TikTok)

Additional source:

https://wol.iza.org/key-topics/minimum-wage#:~:text=Minimum%20wages%20reduce%20employment%20opportunities,resulted%20in%20higher%20wages%20later.

https://www.forbes.com/sites/johnbremen/2023/05/17/why-salary-increases-still-do-not-align-with-inflation/?sh=ba56c965d0da

Social Media:

https://www.tiktok.com/@dukem.ai
https://www.instagram.com/nft.duke
https://www.linkedin.com/in/dukemunoz
https://www.threads.net/@nft.duke

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