America Needs Higher, Longer-Lasting Inflation

I&#x27;m skeptical of this author&#x27;s claim: that inflation will make housing more affordable.<p>The core problem of housing is limited supply, mainly driven by zoning, parking requirements, and NIMBY actions.<p>Inflation by printing money is a tax. In recent times, this tax was used for things like giant unemployment programs and PPP loans. You can argue whether or not those were good things, but all things being equal more taxes are bad. (for example, if the fed printed trillions and gave them to politicians, nobody would purport that it was good).

This is basically gaslighting so people don’t realize how much they are being robbed. The inflation rate is closer to 15%… Good luck buying any kind of house with static wages and vastly inflating prices.

It&#x27;s so hard to make people to think in the terms of real wages, that politician saying his aloud would be a political suicide.<p>All you get is unintelligent comments like:<p>- fed conspiracy against working man, and<p>- money printing brrr.

This is absurd. Inflation destroys lives and retirement savings.

Inflation is a most brutal regressive tax there, completely robs people in bottom 80%, who have no assets.