How do you just dismiss the demand side of supply and demand?
You don't... you also do not try to build a false demand, through subsidies which devalue the relevant currency.
But in fairness, ya only don't do it, because it undermines the viability of the economy and by extension, the culture itself.
Um, no it doesn't devalue the currency. Stop making things up. How can people who receive money from the government and spend it on a business create "a false demand"? You're just making terms up.
Look scamp... there is no way that the minimum wage CAN AVOID inflating the currency.
And there is nothing complex about how it does it.
The minimum value for labor is zero... . Understand? That means that the least one can fairly earn for their labor is zero dollars.
Now when you raise the value of ZERO DOLLARS to 10 Dollars you devalue the currency.
If this is too complex for you to understand... then you should probably head on back over to the "FIRE HOT!" thread. Word is you were doin' great over there.