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A comment on Uber proposes policy that would pay drivers a minimum wage of $21 per hour. Parent comment

Re:Uber proposes policy that would pay drivers a minimum wag... by notfromhere on Thursday August 29, 2019 @03:12PM (#20832626)
hyperinflation has always "been around the corner" by every financial crank with a blog. It's not coming.
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Re:Uber proposes policy that would pay drivers a minimum wag... by fuzz4lyfe on Thursday August 29, 2019 @03:19PM (#20832693)
I'm not talking about weimar republic style hyperinflation my feeling is more on the order of 5 - 12% (maybe not even by CPI standards). Essentially 1970's style stagflation again. CA wages are already high a few years of that and Uber will be back at baseline.
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Re:Uber proposes policy that would pay drivers a minimum wag... by turtlecloud on Thursday August 29, 2019 @03:20PM (#20832704)
What are you talking about? It’s already here. A home in Bay Area is close to 2 mil now lol.
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Re:Uber proposes policy that would pay drivers a minimum wag... by Loughla on Thursday August 29, 2019 @04:37PM (#20833416)
Why is a home in an unbelievably popular place to live, which is also full of massive amounts of new money, your measure of inflation?

A home near me is about 100k for 2000 sq ft main floor. Does that mean inflation doesn't exist?

What a weird argument.

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Re:Uber proposes policy that would pay drivers a minimum wag... by xeromal on Thursday August 29, 2019 @03:29PM (#20832782)
How much is a meal at mcdonalds?
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Re:Uber proposes policy that would pay drivers a minimum wag... by notfromhere on Tuesday September 03, 2019 @11:24AM (#20867417)
that's localized inflation due to housing scarcity in the Bay, it's not hitting the economy as a whole.
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