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@ShamelessCrimesWorking Family from New York asked…4wks

Would a maximum wage affect inflation also?

You say that minimum wage increases inflation, how do you feel about the growing wages of the ultra high earners? Surely if hundreds of millions of people who earn less than $10/hr affect the economy, then the commutative is also true, wouldn't a few dozen people increasing their hundreds of millions of dollars also cause runaway inflation when they give themselves more money?

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Influence1 engagements Engagement biasNo data yet Audience bias1% Active in PartyUndeclared LocationWest Islip, NY Activity1 discussions