Jamie Dimon is interrogated:
And it’s an entirely reasonable question. Why shouldn’t the wages as a bank teller allow a bank teller to live?
Then answer being that the original question is misunderstanding what determines wages. What a bank pays to tellers is determined by how many people are willing to work as tellers at what wage. Sure, we can complicate that a bit by talking about how good those willing to work as tellers are going to be as tellers.…See More