Inflation is not caused by people buying too much and causing shortages, but by major investors putting their money in the stock market rather than in producing goods and services. The stock market—the economy of the one-percenters—is driven by massive and expanding government, corporate, and consumer debt, and multi-trillion dollar giveaways from the Federal Reserve. Last year it rose 5 times the rise in GDP.
The financial industry, Wall Street, is theoretically supposed to invest in the most productive enterprises to maximize profit. In fact, banks, hedge funds, and corporations make more money from nonproductive investments and price gouging.
The real economy—production of goods and services—stumbles at low to no growth, burdened by low wages and high interest payments on consumer debt. 2/3rds of Americans struggle to pay for housing, food, gas, health care, daycare, college education. No one builds homes for middle, working class, and poor people. The Fed is slowing the economy to depress employment and wages and force people to buy lower quality food, double up on housing, get laid off, leave illnesses untreated, to lower prices.
Only economic democracy, where the workers own and manage production of goods and services, a socialist system, can not only end inflation and enforced austerity, but save the environment and civilization itself from self-destruction.
Fire Ant Rebellion 