Peter Schiff, president of Euro Pacific Capital, has a new video out where he goes to a Walmart location and finds out if shoppers support a $15 wage for the store’s workers. Schiff posed as an individual in charge of a “15 for 15” organization, a fake initiative that encourages Walmart to raise prices by 15 percent and give that increase back to the workers.
It appeared that no one was willing to pay higher prices. The gentleman at the end of the video said it best, “Goddamnit! … Nobody wants to pay higher prices!”