Despite all the QE, US inflation is also very low right now, as with almost all first world countries (Japan has been in deflation for almost 20 years and parts of Europe could follow soon), due to low demand/austerity policies, so the FRB's "money printing" is not actually having as adverse an effect on the US economy as some think. It's actually affecting developing economies more, as it's an easy source of money for them, and as QE keeps getting curtailed the USD will get stronger and these developing economies may panic a little.
Minimum wage has become a question of politics now rather than economics. Is it worth having +X amount of people laid off if the rest of the workers can have a higher quality of life? It's the price you must pay with wage floors, but politicians won't confront it.
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