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In a perfect world, there would be one economy that would experience no inflation and steady growth, and minimum wage wouldn't even be necessary. Unfortunately, we don't live in a perfect world. If you can't fight for yourself, you get walked all over. The US walks over a lot of people. The only way to prevent that is top have an altruistic entity more powerful than the US to stand up for the little guy. Such an organization does not exist.
Global minimum wage would serve to stabalize poor countries and destabalize rich countries.
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