Here is our latest
Here is our latest Loopring (LRC) price prediction. This is our newest price target for Loopring (LRC). What is your price target for Loopring? Let us know with a comment in the comment section.
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Love LRC Dex& wallet. Used it and liked it so much from saving on the fees I bought in for long term hold. How could this not go higher? LCR seems like it is flying under radar. People complaining about gas fees and the answer is in LRC.
Sir can you please do one on mana decentraland ?thank you for your time and input.
bitcoin goes higher and LRC goes higher. Done. no silly graphs needed. Bitcoin falls LRC falls.
I'm expecting it to double it's marketcap. Layer 2 solutions, eth fees are way high.
Price floors, when prices
Price floors, when prices are kept artificially high, lead to several consequences that hurt the consumer. In this video, we take a look at the minimum wage as an example of a price floor. Using the supply and demand curve and real world examples, we show how price floors create surpluses (such as a surplus in labor, or unemployment) as well as deadweight loss.
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Help us caption & translate this video!
Agreed! Except for one thing: That the minimum wage only affects a small percentage of workers. In fact, those people who are currently making above minimum wage take it in the shorts when the minimum wage is increased. If they don't get a corresponding increase in their pay, they might just end up making minimum wage themselves for their previously higher value of skills and experience.
We are supposed to have a raise in the minimum wage to reflect inflation. Imagine if people were still making 25 cents an hour in 2019?! What a lunatic.
There are other positive effects of raising the minimum wage:
1. More low to mid tier goods and services are bought, increasing the demand for laborers in the production of those goods and services.
2. Corporations that pay below a living wage have a harder time pricing out local and well paying businesses, preserving higher paying jobs overall in those sectors.
3. Less tax money is needed for programs such as food stamps and welfare.
4. Workers are less economically distressed, being able to more easily pay for goods and services beneficial to their health, productivity, savings, and ability to invest time and money into making their own businesses if desired.
Wouldn't a large increase in the minimum wage just cause inflation? Businesses would just adjust their prices accordingly, and everything moves up in nominal value cost.
701,000 Americans currently make minimum wage. This also does not include people who are paid service salaries - $2.13 per hour.
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