Of course it's not wage increases that's causing inflation. But once we're at a point where even wage increases lead to inflation, then we're in a really bad pl

Of course it's not wage increases that's causing inflation. But once we're at a point where even wage increases lead to inflation, then we're in a really bad place. Hopefully we can cool off before getting there. Plus the government can't really affect wages. I'm surprised nobody has suggested increasing tax rates as a way to cool the economy off, but that's political, so probably much more difficult.