Target I do not think you understand inflation.Posted by TargeT (here)
$15 min wage is insane.. what inflation rate will that cause; double digits surely..
For your own edification I suggest you read Modern Money Mechanics produced by the Fed of Chicago(I know you are probably skeptical). http://www.rayservers.com/images/Mod...yMechanics.pdf
Increases wages does not cause inflation.
Increasing money supply without corresponding increase in economic outpout(in a fiat system) is what causes inflation.
And finally, if you actually cared about inflation caused by wages if that was actually a cause for inflation, why do you not care about CEO wages?