Inflating the money supply by billions of dollars to fund several expensive conflicts around the world seems like it would have a larger effect on inflation right? We are in the process of regularly shooting down 300$ drones with weapons systems that cost hundreds of thousands of dollars (sometimes millions) per shot. Should we really have deep concern about wages that companies freely decide to pay their employees? Isn't this completely insane regardless of what any kind of "the research" happens to say?