We want inflation in wages, deflation in assets like houses, stocks bonds. i.e. the opposite of what's occurring, and what's occurring is the suppression in int

We want inflation in wages, deflation in assets like houses, stocks bonds. i.e. the opposite of what's occurring, and what's occurring is the suppression in interest rates. Raising interest rates will cause the inflation you're talking about over the long run - predicted by the Fisher equation: nominal interest rates = real interest rates + inflation. (Real interest rates are constant over the long run). https://en.wikipedia.org/wiki/Fisher_equation https://en.wikipedia.org/wiki/Fisher_equation