Well salaries are not going up like they did in the 70’s to match the inflations.
Salaries cannot rise due to the unemployment rate and the illegal immigration rate. Someone just as talented, will take the job for less money. So we are potentially headed for the worse possible scenario for the US dollar. And since we have over educated Marxists apparently running the show, what other possible outcome can there be ? Monetary depreciation, commodity price increases, loss of confidence in the dollar, dropping salaries, massive unemployment and no way out for the feds. The good news apparently is that the debt will not be a concern. Reminds me of a dog chasing his tail.