Is raising minimum wage nationwide a horrible idea?

[amak11]

Mr Khan said:

prayformojo said:
It only works if there are laws in place to stop inflation. Being that this is the US, all we're going to see is $7.00 gallons of milk at the store. Living wages go up, costs go up. Companies don't want to lose their profits.

Again, is there any proof that this will occur in quantities sufficient to offset the gains?

I think he's trying to justify something. If I remember right inflation only effects imported goods. Meaning things like TVs and PS4s will go up in price and items like Milk and eggs and bread (necessities) will hover at the same price.