That $200 would then become $2 in buying power. Raise the financial floor raises inflation.
You would see food prices go up a little, but remember - people are already buying food. Doing this would increase demand in non-food areas. People would not have to give up their pets, for example, because they can’t afford food. And be honest, wouldn’t you love to buy the expensive cuts of meat you see these ghettopotamuses cramming in their baskets???
And as far as giving people more money being a bad thing- when was the last time you turned down a raise at work- because it would cause prices to go up???