Perhaps - when I used the term "market," I meant circulating supply.
Wages aren't really controlled by monetary policy. They're controlled by supply and demand of workers. Not many people are willing to work right now for the chump change they are offered, so we're seeing some slight increases in wages, which may grow, or maybe decrease if menial jobs are replaced with bots.
My only objection to your post is you definition of inflation. That's all.
What? why? inflation is simply the devaluing of the US dollar because the market is flooded with them.
Perhaps - when I used the term "market," I meant circulating supply.
Wages aren't really controlled by monetary policy. They're controlled by supply and demand of workers. Not many people are willing to work right now for the chump change they are offered, so we're seeing some slight increases in wages, which may grow, or maybe decrease if menial jobs are replaced with bots.
My only objection to your post is you definition of inflation. That's all.