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Re:Fed Ends Zero-Rate Era by TheOtherHobbes on Thursday December 17, 2015 @02:36AM (#10750132)
Nonsense. That's simply wrong.

And if Econ 101 states it's true, then Econ 101 is wrong too.

Here's a more fact-based explanation, with links to studies and comments by economists:

http://www.dol.gov/minwage/mythbuster.htm

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