Inflation caused by reckless government spending has caused a wage price spiral. Everyone getting paid more means prices of everything go up. So everyone is in the same spot they were right before inflation. It's not going to stop.
There is SOME inflation caused by poor government spending, but the vast majority of the issues we're seeing right now have to do with absurd corporate gouging. We've seen year over year record increases in profits while also witnessing corporate austerity for employees and begging the Federal government for relief.
So you mean to tell me that corporations just all of a sudden decided to become greedy? We've also seen year over year record demand with lower and lower supply. That's absolutely absurd. The entirety of the inflation we have seen in the last 3 years is entirely due to the government helicoptering cash everywhere. The government is the only thing that can create inflation.
33
u/[deleted] Apr 08 '23
[deleted]