Here’s a few quotes by Jerome Powell the Chairman of the Federal Reserve.
“Employers are having difficulties filling job openings, and wages are rising at the fastest pace in many years,” Powell complained.
There are more job vacancies than there are unemployed people in the United States, as the economy recovers from the Covid-19 pandemic.
Powell claimed this discrepancy between job vacancies and unemployment is due to high wages, which discourage workers from taking bad, low-paying jobs with few benefits, and therefore give them too much power.
“Wages are running high, the highest they’ve run in quite some time,” the Fed chairman lamented.
Workers need to be disciplined by the labor market, he insisted.”
So they caused inflation so people are forced to go back to work at what ever price maybe even two jobs. Because say if they were living off their savings inflation has ate it away. This is why cryptocurrency is been so target as well can’t have people trade online making money from home the corporations need laborers.