Hacker News Reader

Comment by jacquesm | Hacker News Reader

They don't have to pay well, people working that kind of job don't have a whole lot of options. One leaves 10 more want to take their place. Employers are having a very easy time of it.

View on HN

At least partially because the Federal Reserve targets an unemployment rate high enough to keep some percentage of people desperate.

The article is about Poland, which is a country in Europe. It is a bit of a stretch to blame the US Federal Reserve.

The Federal Reserve of the EU?

The true cause of societies ills, central banking.

what is your alternative proposal and what problems would it solve better?

(presumably Geis’s comment was sarcasm?)

Not really.

A return to the gold standard would solve quite a bit. The ability to manipulate the money supply is too much power for any person or organization or government for that matter. This is the lifeblood of the economy, it is 50% of every transaction, of course when that gets corrupted everything goes with it.

I don't see how the Euro is ever going to go back to being backed by gold, that makes no sense at all. It never was backed by gold since the day it was created.

Europe is a lost cause. I pray for the friends I have there, and they will always have a home in america they will be welcome in.

> Europe is a lost cause.

I can't say I share your perspective, but then again living in Europe I'm probably not objective.

> A return to the gold standard would solve quite a bit.

What would it solve? Do you know the reason why the gold standard was abandoned?

I am well aware, the united states was issuing credit for gold they didnt have. Other countries got upset and wanted their share of the gold back. Rather than trading under a fair economic system, we abandoned the gold standard. Nixon blamed "speculators", but it was and is plainly evident that we didn't have the gold we claimed we did.

Wealth is not limited by the amount of gold you can mine from earth.

Exactly. If the choices are Amazon warehouse or nothing, amazon doesn’t have to pay all that well. Just better than nothing.

If you are starving I guess it would be cruel to give you a job that lets you feed yourself.

If you're starving, the inhuman thing is to required that you work in to be able to have access to food.

If you're starving, I'll give you food without expecting anything. Taking advantage of starving people in order to make profit is inhuman.

I didn't say they paid well, I said well for completely unskilled labour compared to the competition.

Yes, I took that into account.

If ten more people will take the job, I'd guess the job is more favoured than you might think.

Supply and demand are not really up for debate.

Can you clarify what you mean, or how that pertains to my comment. If someone (or ten) wants this job which you may not, that's up to them no?

US at least has one of the tightest labor markets in history right now.

Not at places where a lot of the Amazon warehouses are.

Reply on news.ycombinator.com