Publication Note

Publication Note:  from “Worldwide Real Inflation and Gold II”  August 2010

“The Fed is likely to consider more proactive measures.  Author believes we should consider gradually raising minimum wage by 50-100% and subsidizing the increase for several years – with decreasing % in subsidy quarterly or biannually.  This should help boost the current economy, give businesses adequate time to adapt, better reward/pay those providing goods and services, and also prevent future problem from lack of purchasing power – due to high inflation towards the End of the Great Recession/Full Recovery. (Wage subsidy % increase & transfer rate – set and readjusted – according to industry & region.)

* However, it is difficult to extensively implement wage subsidy type of solution described above until a comprehensive plan has been established.”

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