--- title: "Meaning & Key Takeaway of: By tying minimum wage to money supply…" description: "\"By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply.\" — Max Keiser" image: "https://sms4smile.com/quotes/i/bdb/max-keiser-13075_minimum-wage_by-tying-minimum-wage-to-money-supply-th_314489.jpg" --- # By tying minimum wage to money supply, the poor's income… ![“By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply.” quote by Max Keiser](https://sms4smile.com/quotes/i/bdb/max-keiser-13075_minimum-wage_by-tying-minimum-wage-to-money-supply-th_314489.jpg) [Download](https://sms4smile.com/quotes/i/bdb/max-keiser-13075_minimum-wage_by-tying-minimum-wage-to-money-supply-th_314489.jpg) [Open image](https://sms4smile.com/quotes/i/bdb/max-keiser-13075_minimum-wage_by-tying-minimum-wage-to-money-supply-th_314489.jpg) > “By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply.” [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Linking minimum wage to money supply would cause wages to fluctuate with inflation, potentially stabilizing purchasing power but also creating income volatility. **In simple terms:** Wage tied to money supply leads to fluctuating income. Key Takeaway Consider economic mechanisms before policy changes. Themes economics policy inflation Mood analytical cautious Type economic policy When to use this quote - budget planning - policy advocacy - financial education Key Concepts minimum wage money supply income stability Questions to Reflect On - Is income stability more important than inflation matching? - How would businesses adapt to fluctuating wages? A Different Perspective Volatility could harm low‑income stability. ★ ★ ★ ★ ★ No ratings yet [Minimum wage](https://sms4smile.com/quotes/about/minimum-wage/) [Money](https://sms4smile.com/quotes/about/money/) [Money Supply](https://sms4smile.com/quotes/about/money-supply-1259534/) [Poor](https://sms4smile.com/quotes/about/poor/) [Poor Income](https://sms4smile.com/quotes/about/poor-income-2977596/) [Rise](https://sms4smile.com/quotes/about/rise/) [Rise and fall](https://sms4smile.com/quotes/about/rise-and-fall/) [Supply Poor](https://sms4smile.com/quotes/about/supply-poor-1403010/) [Wage](https://sms4smile.com/quotes/about/wage/) [Wage Money](https://sms4smile.com/quotes/about/wage-money-1198346/) ## Related quotes > [Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the…](https://sms4smile.com/quotes/max-keiser/minimum-wage-law-is-the-people-s-fed-tie-minimum-wage-to-money-supply/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Raising the minimum wage to $10.10 will benefit about 28 million workers across the country. And it will help businesses, too - raising the…](https://sms4smile.com/quotes/thomas-perez/raising-the-minimum-wage-to-10-10-will-benefit-about-28-million/) [Thomas Perez](https://sms4smile.com/quotes/author/thomas-perez/) > [The comfort of the rich depends upon an abundant supply of the poor.](https://sms4smile.com/quotes/voltaire/the-comfort-of-the-rich-depends-upon-an-abundant-supply-of-the-poor/) [Voltaire](https://sms4smile.com/quotes/author/voltaire/) > [There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much…](https://sms4smile.com/quotes/wright-patman/there-have-been-times-when-the-federal-reserve-has-restricted-the/) [Wright Patman](https://sms4smile.com/quotes/author/wright-patman/) > [If the Fed is omniscient, why didn't they pull back on the excess money supply that inflated the massive housing bubble that popped so…](https://sms4smile.com/quotes/stephen-moore/if-the-fed-is-omniscient-why-didn-t-they-pull-back-on-the-excess/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [The Central Bank should take into account other things as well: the stability of the bank system in the country, the increase or decrease…](https://sms4smile.com/quotes/vladimir-putin/the-central-bank-should-take-into-account-other-things-as-well-the/) [Vladimir Putin](https://sms4smile.com/quotes/author/vladimir-putin/) > [There is always the potential for a central bank to engage in discretionary monetary policy and to break the one-to-one link between changes in…](https://sms4smile.com/quotes/steve-hanke/there-is-always-the-potential-for-a-central-bank-to-engage-in/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [I'm a big fan of Bitcoin ... Regulation of money supply needs to be depoliticized.](https://sms4smile.com/quotes/al-gore/i-m-a-big-fan-of-bitcoin-regulation-of-money-supply-needs-to-be/) [Al Gore](https://sms4smile.com/quotes/author/al-gore/) > [Contrary to what most people think, bank money is much more important than state money. In Greece, for example, bank money makes up 84.26%…](https://sms4smile.com/quotes/steve-hanke/contrary-to-what-most-people-think-bank-money-is-much-more-important/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the…](https://sms4smile.com/quotes/jeffrey-sachs/if-we-did-go-into-a-recession-something-that-s-always-possible-for/) [Jeffrey Sachs](https://sms4smile.com/quotes/author/jeffrey-sachs/) > [When they so-called 'target the interest rate', what they're doing is controlling the money supply via the interest rate. The interest rate is only…](https://sms4smile.com/quotes/milton-friedman/when-they-so-called-target-the-interest-rate-what-they-re-doing-is/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant…](https://sms4smile.com/quotes/murray-rothbard/if-government-manages-to-establish-paper-tickets-or-bank-credit-as/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Simply put, the direct power over the money supply is the indirect power over the people.](https://sms4smile.com/quotes/orrin-woodward/simply-put-the-direct-power-over-the-money-supply-is-the-indirect/) [Orrin Woodward](https://sms4smile.com/quotes/author/orrin-woodward/) > [We shall take whatever action is necessary to contain the growth of the money supply. The government, unlike so many of its predecessors, will…](https://sms4smile.com/quotes/margaret-thatcher/we-shall-take-whatever-action-is-necessary-to-contain-the-growth-of/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [Money, first and foremost, is a medium of communication, conveying the information we call 'price'. Government control of the money supply is censorship, a…](https://sms4smile.com/quotes/l-neil-smith/money-first-and-foremost-is-a-medium-of-communication-conveying-the/) [L. Neil Smith](https://sms4smile.com/quotes/author/l-neil-smith/) ## More by Max Keiser > [I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the…](https://sms4smile.com/quotes/max-keiser/i-believe-the-world-economy-will-crash-when-russia-or-china-moves-to/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Money is catching up to the technological trends transforming all aspects of society and business; entertainment, insurance, health-care, gaming, leisure, retail - all commercial…](https://sms4smile.com/quotes/max-keiser/money-is-catching-up-to-the-technological-trends-transforming-all/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.](https://sms4smile.com/quotes/max-keiser/bitcoin-represents-the-first-major-breakthrough-in-economics-and/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Activists can improve their alternative media success by embracing alternative currencies like Bitcoin.](https://sms4smile.com/quotes/max-keiser/activists-can-improve-their-alternative-media-success-by-embracing/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [If the Karmabanque hasn't worked, it's because there isn't yet a critical mass of people who are prepared to fight back and who instead…](https://sms4smile.com/quotes/max-keiser/if-the-karmabanque-hasn-t-worked-it-s-because-there-isn-t-yet-a/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [As more wealth and political power is amassed - as bitcoins rise in value - Congress and various lobbying groups will be influenced to…](https://sms4smile.com/quotes/max-keiser/as-more-wealth-and-political-power-is-amassed-as-bitcoins-rise-in/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Goldman Sachs now has the biggest oil position in America and probably one of the biggest oil positions in the world. They're long oil.…](https://sms4smile.com/quotes/max-keiser/goldman-sachs-now-has-the-biggest-oil-position-in-america-and/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [There are three main controllers of power here in Britain: the political establishment in Westminster, the BBC (MSM), and the Bank Of England.](https://sms4smile.com/quotes/max-keiser/there-are-three-main-controllers-of-power-here-in-britain-the/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the…](https://sms4smile.com/quotes/max-keiser/minimum-wage-law-is-the-people-s-fed-tie-minimum-wage-to-money-supply/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [As money, Bitcoin achieves two objectives; it's both a unit of transaction as well as being a store of value. The U.S. dollar, for…](https://sms4smile.com/quotes/max-keiser/as-money-bitcoin-achieves-two-objectives-it-s-both-a-unit-of/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Privacy is an age of universal email collection and spying, with millions of CCTV cameras and warrantless spying pervasive; privacy has become virtually nonexistent…](https://sms4smile.com/quotes/max-keiser/privacy-is-an-age-of-universal-email-collection-and-spying-with/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Bitcoin as an asset class is brilliant, as a means of payment, fantastic.](https://sms4smile.com/quotes/max-keiser/bitcoin-as-an-asset-class-is-brilliant-as-a-means-of-payment-fantastic/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [Activists need to educate themselves about the power of crypto currencies like Bitcoin, invented in 2009, and use crypto to leverage the success of…](https://sms4smile.com/quotes/max-keiser/activists-need-to-educate-themselves-about-the-power-of-crypto/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [The pro-gun advocates point to the 2nd amendment of America's Constitution, citing Americans' right to bear arms as a protection against tyrants. Pro-Bitcoin advocates…](https://sms4smile.com/quotes/max-keiser/the-pro-gun-advocates-point-to-the-2nd-amendment-of-america-s/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) > [In a free market capitalist system, 'price signals' are everything. Prices are determined by buyers and sellers in the free market, and these prices…](https://sms4smile.com/quotes/max-keiser/in-a-free-market-capitalist-system-price-signals-are-everything/) [Max Keiser](https://sms4smile.com/quotes/author/max-keiser/) [Explore all 52 Max Keiser quotes ](https://sms4smile.com/quotes/author/max-keiser/) ## More Minimum wage quotes > [I want to break up the Wall Street banks. Hillary Clinton doesn't. I want to raise the minimum wage to 15 bucks an hour.…](https://sms4smile.com/quotes/bernie-sanders/i-want-to-break-up-the-wall-street-banks-hillary-clinton-doesn-t-i/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [Now, California is a big state, we're a very diverse state, full of diverse communities with local variations in the cost of living and…](https://sms4smile.com/quotes/alex-padilla/now-california-is-a-big-state-we-re-a-very-diverse-state-full-of/) [Alex Padilla](https://sms4smile.com/quotes/author/alex-padilla/) > [A minimum wage leads to higher levels of unemployment.](https://sms4smile.com/quotes/steve-hanke/a-minimum-wage-leads-to-higher-levels-of-unemployment/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [Obama's gonna play Santa Claus with the minimum wage. He's got no successes to brag about. He cannot talk about a robust job market.…](https://sms4smile.com/quotes/rush-limbaugh/obama-s-gonna-play-santa-claus-with-the-minimum-wage-he-s-got-no/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [“Lamar Alexander, the senator from Tennessee and the most senior Republican on the committee, was asking his last questions when a witness interrupted him…](https://sms4smile.com/quotes/elizabeth-warren/lamar-alexander-the-senator-from-tennessee-and-the-most-senior/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Growing up, I was always surrounded by musicians. After I got into that trouble, got locked up and when I got out I couldn't…](https://sms4smile.com/quotes/akon/growing-up-i-was-always-surrounded-by-musicians-after-i-got-into-that/) [Akon](https://sms4smile.com/quotes/author/akon/) > [Technological society leads to increasing numbers of people who cannot adapt to the inhuman rhythm of modern life with its emphasis on specialization. A…](https://sms4smile.com/quotes/jacques-ellul/technological-society-leads-to-increasing-numbers-of-people-who/) [Jacques Ellul](https://sms4smile.com/quotes/author/jacques-ellul/) > [“My mother wasn’t much into politics, but I’m sure she would have assumed that fifty years later, the minimum wage would be a lot…](https://sms4smile.com/quotes/elizabeth-warren/my-mother-wasn-t-much-into-politics-but-i-m-sure-she-would-have/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [I thought I was gonna be in the minimum-wage working world all my life.](https://sms4smile.com/quotes/henry-rollins/i-thought-i-was-gonna-be-in-the-minimum-wage-working-world-all-my-life/) [Henry Rollins](https://sms4smile.com/quotes/author/henry-rollins/) > [“The eugenics roots of minimum wage laws. Excerpt from \*Principles of Economics\*(1911) by Frank Taussig: "We have not reached the stage where we can…](https://sms4smile.com/quotes/frank-taussig/the-eugenics-roots-of-minimum-wage-laws-excerpt-from-principles-of/) [Frank Taussig](https://sms4smile.com/quotes/author/frank-taussig/) > [Barack Obama and Kay Hagan think that the minimum wage needs to be the same in the mountains of North Carolina and in the…](https://sms4smile.com/quotes/thom-tillis/barack-obama-and-kay-hagan-think-that-the-minimum-wage-needs-to-be/) [Thom Tillis](https://sms4smile.com/quotes/author/thom-tillis/) > [“Adjusted for inflation, the minimum wage today is lower than it was in 1965—about 24 percent lower. That job at Sears allowed my mother…](https://sms4smile.com/quotes/elizabeth-warren/adjusted-for-inflation-the-minimum-wage-today-is-lower-than-it-was-in/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [On the basis of capitalism, victories like raising the minimum wage are only temporary.](https://sms4smile.com/quotes/kshama-sawant/on-the-basis-of-capitalism-victories-like-raising-the-minimum-wage/) [Kshama Sawant](https://sms4smile.com/quotes/author/kshama-sawant/) > [The typical minimum wage earner is a provider and a breadwinner - most likely a woman - responsible for paying bills, running a household…](https://sms4smile.com/quotes/thomas-perez/the-typical-minimum-wage-earner-is-a-provider-and-a-breadwinner-most/) [Thomas Perez](https://sms4smile.com/quotes/author/thomas-perez/) > [The bottom has fallen out of America's wage floor. And the erosion of the minimum wage has lowered pay and working standards for all…](https://sms4smile.com/quotes/richard-trumka/the-bottom-has-fallen-out-of-america-s-wage-floor-and-the-erosion-of/) [Richard Trumka](https://sms4smile.com/quotes/author/richard-trumka/) [Browse all 448 Minimum wage quotes ](https://sms4smile.com/quotes/about/minimum-wage/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply.", "creator": { "@type": "Person", "name": "Max Keiser" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/max-keiser/by-tying-minimum-wage-to-money-supply-the-poor-s-income-would-rise/", "about": { "@type": "Thing", "name": "Minimum wage" }, "@id": "https://sms4smile.com/quotes/max-keiser/by-tying-minimum-wage-to-money-supply-the-poor-s-income-would-rise/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bdb/max-keiser-13075_minimum-wage_by-tying-minimum-wage-to-money-supply-th_314489.jpg", "contentUrl": "https://sms4smile.com/quotes/i/bdb/max-keiser-13075_minimum-wage_by-tying-minimum-wage-to-money-supply-th_314489.jpg", "url": "https://sms4smile.com/quotes/i/bdb/max-keiser-13075_minimum-wage_by-tying-minimum-wage-to-money-supply-th_314489.jpg", "width": 1080, "height": 1080, "caption": "“By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money…” — Max Keiser", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Max Keiser", "item": "https://sms4smile.com/quotes/author/max-keiser/" }, { "@type": "ListItem", "position": 4, "name": "By tying minimum wage to money...", "item": "https://sms4smile.com/quotes/max-keiser/by-tying-minimum-wage-to-money-supply-the-poor-s-income-would-rise/" } ], "@id": "https://sms4smile.com/quotes/max-keiser/by-tying-minimum-wage-to-money-supply-the-poor-s-income-would-rise/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```