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A comment on New Intel CEO rehiring retired CPU architects. Parent comment

Re:New Intel CEO rehiring retired CPU architects by VincentEvans on Friday January 22, 2021 @08:46AM (#25871585)
It “suddenly thrusts” you absolutely nowhere. You still earn exactly as much as you do now, but it is interesting to observe the psychological effect of being surrounded by people who are more miserable than oneself.
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Re:New Intel CEO rehiring retired CPU architects by ryanmercer on Friday January 22, 2021 @10:05AM (#25872212)
>You still earn exactly as much as you do now,

And one would assume you'd see rents and housing prices very rapidly start going up, then presumably other prices over varying levels of time.

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Re:New Intel CEO rehiring retired CPU architects by VincentEvans on Friday January 22, 2021 @10:18AM (#25872335)
Perhaps. But why wouldn’t the same apply to salaries then?

What would happen if we were to set the minimal wage at 100K so that we eliminate the poverty in one swift move and everyone is either equally rich, or as you are worried - equally poor :)

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