Inflation today is largely due to higher energy costs due to the sanctions with Russia, as I understand it. Money is worth less because the cost to make and mo

Inflation today is largely due to higher energy costs due to the sanctions with Russia, as I understand it. Money is worth less because the cost to make and move things is more. It's not the case that workers have too much cash, which would make goods less valuable relative to currency. (In the US the fed has stated that they don't think the interest rate changes will make things less expensive) Inflation today is independent of employment. If it were the case that employees are paid too much, a recession would depress wages and stop inflation. But it's not. So us normal folks get it on both ends. Things cost more and we foot the bill by getting paid less