Summary: You can't cut wages because workers will just go somewhere else. So, the solution is to print lots of money instead, so the money supply is inflated,

Summary: You can't cut wages because workers will just go somewhere else. So, the solution is to print lots of money instead, so the money supply is inflated, and thus EVERYONE's wages go down. I swear, you have to be a PhD to not see the problems with that idea.