I'm very open to heterodoxy. What's a better metric? Spending power? Riffing on the inflation hawk trope: inflation should lead to higher wages. That hasn't h

I'm very open to heterodoxy. What's a better metric? Spending power? Riffing on the inflation hawk trope: inflation should lead to higher wages. That hasn't happened. So I'm on board with criticisms of increasing money supply while wages remain stagnant.