They would have to get artificial “wages” or profits down. Stocks and Real Estate should be part of the money supply, as per James Dines.
Millions of people have TONS of found money playing stocks and real estate. They don’t even have to work, because they have plenty of found money to spend and drive prices higher. We could even add Gold investments to the money supply.
Unfortunately, the young people and non union working people are all not keeping up with inflation because of such a low minimum wage with should be $55/hr in constant value dollars from 1970. $55 times 40 hrs is $2200/week which is what you need for a one bedroom apartment.
So…The only way to get inflation down, is like the Fediots did the last time around 1980. By raising rates so high, its kills the stock and real estate markets. I doubt they will do that unless thats what they want, a deflation.
