# Effects of Minimum Wage

**URL:** https://boards.straightdope.com/t/effects-of-minimum-wage/920726
**Category:** In My Humble Opinion
**Created:** [September 15, 2020, 8:54pm UTC](https://boards.straightdope.com/t/effects-of-minimum-wage/920726 "2020-09-15T20:54:56Z")
**Posts on this page:** 1
**Showing post:** 22

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### Author: ![DavidNRockies](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidnrockies/32/6279_2.png) [@DavidNRockies](https://boards.straightdope.com/u/DavidNRockies)
#### Post date: [September 16, 2020, 12:34pm UTC](https://boards.straightdope.com/t/effects-of-minimum-wage/920726/22 "2020-09-16T12:34:51Z")

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Remember the economic recovery after the collapse of 2008-9 – the recovery where the gains overwhelmingly inured to the wealthiest Americans ?

By definition, that created/s upward pricing pressure and inflation as all those dollars chase scarce goods.

But why do we _never_ hear about the inflationary effects of mountains of cash winding up in the hands of the 1% or the 0.1% ? Why is it only apocalyptic when The Lowest Paid Workers In The Country might make a couple extra bucks per paycheck ?

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