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comment by Cortez
Cortez  ·  3858 days ago  ·  link  ·    ·  parent  ·  post: How does raising Minimum Wage not cause inflation?

Would increasing minimum wage increase the cost of living?





b_b  ·  3858 days ago  ·  link  ·  

Inflation is a broad measure of cost of living. It's measured by CPI and PPI. All you're doing is restating your original question.

Cortez  ·  3858 days ago  ·  link  ·  

Ahhh well thanks B_B for giving me a huge tl;dr on that for the most part. Normally hate trying to read about this because it's normally a huge wall of text.