The current "inflation" thing is not so much due to asset inflation, but due to poor people finally seeing some gains, and the global production capacity still

The current "inflation" thing is not so much due to asset inflation, but due to poor people finally seeing some gains, and the global production capacity still recovering. Before now, there still was a large amount of QE, and yet little inflation or wage gains. Now, the labor market finally gets tight, bottom half real income goes up, inequality shrinks. But our global supply chains were bred on austerity, tuned to low demand, bean-counter efficient over resilient, and can't keep up. In particular, your minimum-wage protagonist has a better 2020 and 2021 than 2019. The current inflation freakout is anti-fiscal- and anti-monitary; it just wants to go back to 2019 and is thus little but evil class warfare, intentionally or not. The right thing to do is to keep the labor tight while finding some completely separate way to discipline the speculation in land, stocks, and crypto (in order of increasing being a farce).