The only thing that is preventing basic living essentials for costing more is whether the capitalist class feel like rising the price or not.
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The inflation we are experiencing is artificial
Since the abandonment of gold standard it's definitely artificial.
https://wtfhappenedin1971.com/
Money is made up either way. It doesn't matter if it's tied to gold. The value of gold is made up, even if there's a quantifiable physical amount of it. The problem here is a lack of regulation on capitalism. Or just capitalism tbh.