Earlier quoted context omitted.
Ah yes, people getting jobs is what caused inflation. Not the trillions printed and given to scammy upper classes through fraudulent PPP loans and artificially low interest rates.
It's both. Do you think nominal wage gains coupled with real wage declines makes people happy? Check consumer sentiment polling which just hit an all time low, why don't you? It's funny to see society broadly reject the impact of covid era policy, yet some advocate to do more and more of it. Fed kept rates low in pursuit of unsustainably low unemployment, by the way, motivated by pressure from progressives
Wages should increase in response, not decrease. Inflation hits different sectors differently, and I'm OK with a PS5 inflating 300% if it means that a person on a minimum wage can have food security.