This proposed explanation is a myth. Profits - often created through the use of investing cheap money (and therefore the creation of more money) - drive inflati

This proposed explanation is a myth. Profits - often created through the use of investing cheap money (and therefore the creation of more money) - drive inflation. Wages do not. OECD have shown this to be the case thanks to the recent handy experiment in the form of a pandemic arriving after a period of quantitative easing and very low interest rates in the UK.