So what happens when the cost of a loaf of bread is ten dollars because we keep spiraling things up and up and up?
Then we seize bread production, turn it over to the workers, and do the same with the rest of industry.
And then the workers would establish some kind of organizational framework and hierarchy because, contrary to popular belief, that's necessary for the functioning of an industry, and then some in the hierarchy would demand more for expending more effort, then the system would warp and become even less equitable, and then we'd be back at the same "problem" we had in the first place, having done nothing to combat inflation.
All this when, in the first place, a little restraint with minimum wage hikes could've kept things in check much sooner.
