![When you raise minimum wage by law, you put pressure on businesses to raise their prices, this causes inflation and since landlords get about 40% of your income, minimum wage is just welfare to the jews. [400x293 - 58KB]](https://pic8.co/sh/OY6dHK.jpg){kind=link}
It causes increased prices. Not inflation. Inflation is the printing of money.
inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
Inflation has nothing to do with printing money. It's merely a consequence of printing money or raising the price of goods without an equivalent adjustment to the value of the currency.
"It has nothing to do with printing money."
That's literally all inflation is. Everything else, like rising prices, is a consequence of that.
No, just stop you are wrong. Go take an economics class.
You are incorrect. Price inflation is caused by inflation. Inflation is literally "inflating" the money supply.
I gave you the economic definition of inflation dipshit. You're literally wrong.
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