[newacct583]

That's almost exactly backwards, where are you getting this? The big inflation driver right now is (1) the increase in liquid cash in the economy due to covid relief programs and (2) the higher wage levels needed to get people to work during a pandemic.

The "poor" are, in fact, doing significantly better (economically, anyway) now than they were in 2019. I'll have to go look it up, but there was a great blog post a few months back looking at poverty statistics over the pandemic. The relief bills helped a ton.

[dnautics]

> The relief bills helped a ton.

Those are transitory, and even if they become permanent, never forget, inflation is a compounding process, so to keep up there must be the political will to re-up them. Moreover, the irony is that the way to fund the relief bills is to create more inflation.

You are advocating putting all of society on an accelerating treadmill that pushes people backwards towards poverty.

[newacct583]

> Those are transitory

Exactly. So is the pandemic. And so is the resulting inflation. I think you agree with me.