> you can't really "ramp up" production of burgers in response to higher dollar supply without ramping down the production of salads, unless there were people d

> you can't really "ramp up" production of burgers in response to higher dollar supply without ramping down the production of salads, unless there were people doing nothing to start with (which is why inflation is related to unemployment, to a degree) Yes I agree inflation can be related to unemployment, and I generally agree with your whole point but I just want to clarify you’re missing one big variable in the formula: Automation. Cheeseburger Supply = Labor*Automation As such (like we have today with accelerating automation) we don’t really need more labor to make both Cheeseburgers and Salad. > those dollars used to incentivize higher production can at best drive a short-term boost in production, as the costs to produce the burgers quickly rise as inflation propagates throughout the rest of their supply chain Additionally, I want to point out Wage Inflation incentivizes Automation. As such even the production cost increase is a short/mid term concern as long as we can Automate more of the process (e.g. lab grown meat, Beyond Burger, farming automation, online ordering vs in-person ordering, etc). I don’t think any of this is insightful or will change your mind on anything, but do factor Automation and Accelerating Automation into your equations about the economy.