What are they worth? They are worth what the last person is willing to pay. I do not think it is going to work as a currency. Theoretically, there is a limit to the supply but what if there is no demand? And there will be a lot of other digital currencies.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 26, 2013
Simple Economics On Wal-Mart (WMT)
They are entry level jobs. You have to have your first job before you can get your second job. Those type of jobs don`t require many skills, so you can`t really be paid very much. All the people that are advocating that Wal-Mart (WMT) just raise wages for all their unskilled workers to 15 dollars an hour, they forget about all the Wal-Mart customers, many of whom also earn less than 15 dollars an hour. The only reason they are shopping there is because they want low prices and in order to keep prices low, Wal-Mart (WMT) has to keep their costs low, and of course that includes their labor costs.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Video: The Response From The Left
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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