Businesses that have gone through an episode of hyperinflation become understandably alert to the threat of it: at the first hint of inflation, they're likely to increase prices, since they've learned that if they don't, and inflation hits, their businesses will be wrecked.
Lawmakers zealously guard their prerogatives, and as much as some might oppose a minimum-wage increase, they will not want to see the issue taken out of their hands.
