This is an interesting idea, but rather complicated. Would it not be simpler to increase the minimum wage?
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Economics
EU: Where youth unemployment over 15% is normal (soon 20%?)
How the EU political class is sabotaging Europe’s future. But if you wish to introduce developing world wages in the EU, this is the way. Read here
Economics
Shaun Richards: The ECB and Christine Lagarde now want to enforce real wage cuts for Euro area workers
Inflation made workers even worse off as real wages fell. Now the ECB is determined to stop wages exceeding inflation for any form of catch-up let alone growth. Read Here
Economics
Frances Coppola: Banks Aren’t Going to ‘HODL’ Bitcoin
New proposals from the Bank of International Settlements are unlikely to lead banks to hold bitcoin. But they could open the door to CBDCs. Read Here Photo: voytek pavlik available under the Creative Commons CC0 […]
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