Peter Schiff’s minimum wage Walmart video created a tremendous reaction online, both positive and negative. However, one moment of the video came near the end when an older gentleman stated: “Goddamnit! … Nobody wants to pay higher prices!”
Apparently, this was the most popular part of the video and Schiff released a longer, uncut version of the video including the “mafia guy.” He understood that higher wages lead to higher prices for the consumer.
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