We means you and me. Throwing prices in with expansion of the money supply is nuts since each has different causes, effects and cures. Prices rise and fall because of changes in supply and demand. They are temporary. Expanding the money supply devalues the dollar permanently. It doesn't have to be permanent but a debtor government will never allow the money supply to deflate so inflation never reverses itself. That is why a Big Mac cost 65 cents in 1970 and $6.5 today. Prices would have risen and fallen over that time but the steady, permanent devaluation of the money produced what you are talking about.
I think its a matter of "
Greed" that is involved within the process.... Greed is a conglomeration of many elements of madness, its the equal of something like "Fools Gold"... they think, more is greater. when in actuality.. more in the sense of overly inflated prices might add more 0's to ones wealthy, but in essence their wealthy has less buying power because it takes more 0's to buy what less 0's would buy in the past.
The government printing money did not cause a $30,000 house in the 1970's to be over $700-800,000 today. That is pure "greed" programming that was orchestrated by a system which included, banking, other finance system, including appraisers and the whole gambit.... chasing pure "greed".
Today, I can go out and do a few things and some time maybe only 1 or two things, and the expense become $100 easily. for what would be far less decades ago.
I went into a store Saturday, wanted to buy a Pay Day Candy Bar... one was $1.89 and the other size not much bigger, with tax was $3.08 cent.... I can go to one of the dollar stores and buy an entire bag of Pay Day Candy Bars for $3-4. I saw where Walmart increased the price of that bag to $6.+;.
We have a University System every since the days of the Junk Bonds" and the Reagan Era of promoting "Greed as Good"... that has been the training basis and these people come out of these over priced Universities with an groomed and trained in expectation that they should be made wealthy, instantly, and even quicker if they came from a wealthy family.
This is not the government's doing, this is "Greed Men" ...... who have been trained to chase greed on a "Get Rich Quick Ideology" that's been spread across in to the general population. It's how people like Bernie Madoff could fleece people, because they became "Greed Blind"...
We recently have seen it by every type of product producers including the Oil companies... disrespect America and American People, all for the sake of Greed, and they use anything to initiate another run as Greed Hoarding'.... They saw the pandemic as a Opportunity to Become Greed Mad and Driven to a level of Pure Avarice. That's the Inflation we are dealing with this very day and time.
We've see the Military Industrial Complex, engaged Greed for 20 yrs during the War.. and they can't fathom not making that level of money now that the Wars are over... So, they continue seeking out new ways to engage 'Greed Madness"
.
The only ability we have to combat it is.... The Government... but we have too many people in Government who grew up 'chasing the get rich quick agenda" until they sell out the voice of the people ... and we sit back and allow "big money" to keep them in the seats... because we are "Politically Illiterate as a Society"... and vote for Belligerence, rather than embrace Intellect. We have an entire segment of society, that think Intellect is weak, while it considers Belligerence as Strength, and it is the Belligerence that backs and supports the "Greed Programming Madness".
American Government would much prefer the U.S. Dollar to have better buying power, because it supports America having better position to Export its Goods as a Favored Product at an affordable price to countries who import our products.
China does not allow its currency to float so they can keep their prices low, so their exportable goods continue to be lower cost to importating nations.