/biz/ - Business & Finance

These libcucks constantly protesting for a hike in minimum wage, why?
Im studying economics but still in my first semester and based on what I've learned, a hike in wages will equal an increase in inflation due to the fact that cost are increased and the general increase in the price of consumer goods= inflation. Also due to the fact that if ceteris paribus, an increase in the money supply in the economy directly equates to inflation.
Why is this still even debated, what the fuck?