@teledyn I'm no economics expert (or even well-informed student), but my impression is that if wages and inflation rise together, that's a reflection of a fixed (abstract?) value. How much effect does altering extreme wealth inequality have on that dynamic?

Wealth distribution is a problem globally, of course, and quite visible in the US, with 40+ years of wage stagnation, as a constantly growing portion of wealth goes those accumulating it for its own sake.