More recently, prices have been driven up, if more slowly, by the strong labor market.

Literally carrying water for the 1%.

The vast majority of recent inflation occurred before any wage increases, so it is literally impossible for the latter to have caused the former.

The obvious truth is that recent inflation was driven almost entirely by two factors:

1. printing money for pandemic relief, massively increasing the money supply, which is only possible with fiat currency

2. green new deal policies massively increasing energy costs, which increases all production and distribution costs

Labor costs have risen in response to inflation and costs as workers realize they deserve more money in a market that has seen both a 30% increase in total monetary supply as well as a corresponding increase in prices.

The elites are desperate to obscure the true catalysts for inflation because:

1. the 1% don’t want the plebs to realize that their savings can be indirectly stolen and redistributed - mostly back to the 1% - via the creation of fiat currency

2. the green new deal, alongside muh climate change, is a scam designed to siphon off what little wealth remains in the hands of the middle class

If rising wages were actually responsible for inflation, then raising rates would quickly solve the problem. It isn’t working because the actual causes of inflation are being systematically denied by the ones who perpetrated it.

Reminder: inflation, as measured and reported by our governments, is a fraudulent and manipulative metric designed to mislead the public. It doesn’t matter how cheap televisions become if no one can afford rent or food.