Ok, now gather data on the relation between the minimum wage and inflation
(asking gently so as not to piss you off)
Off the Fed stage so to speak a new economic trend in the form of cities and states increasing the minimum wage will if successful induce general wage inflation that will in turn induce general inflation of prices un related to the FED and money supply or interest rates or such financial considerations.
One wonders how the Democrat controlled cities were induced to create programs at a local level that the party was unable to achieve at a national level. This attack on the economy is a counter force it seems to the machinations of the FED
That's what many decide to believe without thinking. What they're actually doing when they raise the minimum wage is not to force employers to pay more (not the legal requirement) but to prohibit employers from hiring low-value labor (stiff penalties). Bottom line here is we're not raising wages, we're raising unemployment. Any price inflation will be seen only with out-sourcing and automation where all the money ends up going.
Ah, btw I'm the very picture of tranquility as nothing but nothing ever pisses me off so keep in mind that your 'gently' cr@p's got me really ticked off that stuff frosts my cake and [breathing into a paper bag again]