A couple of thoughts (may be wrong, interested in the discussion) When the government borrows money it borrows it at an interest rate. When rates are low, like

A couple of thoughts (may be wrong, interested in the discussion) When the government borrows money it borrows it at an interest rate. When rates are low, like close to 0% low like they are now, that's exactly when you want to borrow money. Want to fix bridges and invest in things? Now is the time to borrow money to do that. It also has the added benefit of making past debt cheaper. This scenario that we're in is made even more interesting by the fact that many governments also had to print tons and tons of money. While we're now over 100% debt-to-GDP, it's not unheard of and not so catastrophic that we can't recover from. I'm also unsure about rising wages here. If they continue to rise won't prices continue to rise to reflect wages? I'm also of the opinion that slow sales from 2020/2021 + supply chain issues have caused companies to raise prices. I don't think cereal actually needs to be more expensive. Shareholders do though.