> Because people have money, they want to buy cars, and houses and furniture etc. Why do you want to ignore car prices? In a functioning economy the supply of

> Because people have money, they want to buy cars, and houses and furniture etc. Why do you want to ignore car prices? In a functioning economy the supply of cars, houses, and furniture etc. would rise to meet the demand preventing a price increase. But they can't due to chip shortages, labor issues, and other assorted supply chain issues. It's a different problem than inflation and requires different solutions. It also contradicts the "If you didn't get a 7.5% raise you got a paycut" narrative because it's very dependent on what you bought. If you're trying to buy a house, put furniture in it, and get a new to you used car then things got way more expensive. If you already had those things then it didn't.