The Adverse Effects of a Higher Minimum Wage [5/4/21]

There is a very real economic result from raising the minimum wage. A comparison of California's minimum wage to that of Kentucky demonstrates how prices rise to meet higher wages. So increasing the minimum wage actually hurts those living at that economic level, because it drives inflation and increases prices. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO -------- Articles Mentioned in this show: https://realinvestmentadvice.com/technically-speaking-doug-kass-50-laws-of-investing/ https://realinvestmentadvice.com/the-adverse-consequences-of-a-15-hour-wage-hike/ -------- Register for our next Lunch & Learn: https://zoom.us/webinar/register/8116197301309/WN_h4MY0zq5SUS0zHlJhKJ_ng -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Special thanks today for the Star Wars musical interpretations by Luks & Ben: https://www.youtube.com/watch?v=dE3lXCeTxVM --------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Stocks #Investing #FinancialAdvisor