[softcactus]

I think corporate taxation is the only way out of this mess. Tax the profits, take money out of the system. It makes extra sense given that most of this money was injected into the system in 2020 anyways. It's not like it was 'earned' even in the traditional neoliberal capitalist sense. It was an economy-wide bailout and now that it has served its purpose, it's time for the money to return to where it came.

Trying to tackle inflation by suppressing wages is both immoral and silly. How is that a 'free market' solution? It's the equivalent of price controls. I am glad that the Fed has taken that as their position, only because it seems to have made people across the political spectrum realize that there is a real antagonistic relationship between the architects of the system and those living within it.