Remember the economic recovery after the collapse of 2008-9 – the recovery where the gains overwhelmingly inured to the wealthiest Americans ?
By definition, that created/s upward pricing pressure and inflation as all those dollars chase scarce goods.
But why do we never hear about the inflationary effects of mountains of cash winding up in the hands of the 1% or the 0.1% ? Why is it only apocalyptic when The Lowest Paid Workers In The Country might make a couple extra bucks per paycheck ?