We want inflation in wages, deflation in assets like houses, stocks bonds. i.e. the opposite of what&#x27;s occurring, and what&#x27;s occurring is the suppression in interest rates. Raising interest rates will cause the inflation you&#x27;re talking about over the long run - predicted by the Fisher equation: nominal interest rates = real interest rates + inflation. (Real interest rates are constant over the long run).<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Fisher_equation" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Fisher_equation</a>