Even for US production, if we assemble let’s say motherboards with imported microchips, suddenly our prices went up. It is not because wages were up. Crushing t

Even for US production, if we assemble let’s say motherboards with imported microchips, suddenly our prices went up. It is not because wages were up. Crushing the wages and sending people to unemployment will not solve the problem of imported inflation. Unless you are the sole importer of goods for every exporting economy.