3 ms·
So you're saying raising minimum wage is just a way to increase inflation - both wages and prices go up. I'm not sure the data really supports this. Let's sup
by acchow 8y ago
So you're saying raising minimum wage is just a way to increase inflation - both wages and prices go up.
I'm not sure the data really supports this.
Let's suppose it does. Then don't forget raising the minimum inflates away some debt and wealth as well. Which will help people in debt. And moves wealth away from those who have it.