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Reply to "Help me understand the impact of a $15 minimum wage? "
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[quote=Anonymous]Inflation per se isn't a problem. Excessive or rapid inflation is, but a slight level of inflation is generally seen as fine, even a sign of a growing economy. So some workers would see their wages increase, over time (most minimum-wage increases are phased in), but it's not like everyone in the country will see their salaries double. And their increased spending power will increase demand for goods and services, boosting the economy. [/quote]
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