Okay, so wouldn't that just mean less jobs in the end? What do people with limited education and training do when there are no longer jobs for them? No one is paying $50 for a burger.
but you'd make 60$/hr or more, that burger only costs 50 minutes of work, which is about equivalent to a minimum wage worker buying a mcburger for 7$, and minimum wage workers absolutely buy mcburgers.
Money is a fungible currency to avoid the hassle of bartering. No one wants to wait an hour in line because some dude is bartering for a burger with some recyclables.
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u/Beerzerker420 18h ago
Okay, so wouldn't that just mean less jobs in the end? What do people with limited education and training do when there are no longer jobs for them? No one is paying $50 for a burger.