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Right now, inflation is caused by rising wages. So if you "fix" it, you stop wages rising. Given we have not had real wage growth for about 30 years, exactly because we always "fix" it, is that what people actually want? This is why we have seen all the benefits of economic growth accumulate with the top .1%, the landlords, capital owners etc over the same period FYI.


Certainly in the UK, wages have lagged inflation since the 1970s and the gap is currently about three percentage points. So even if wages were causal there must be some other factor too.




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