[Beagle8U]

Sorry, it started in the mid 60’s and ran to the early 80’s when the bottom fell out of the jobs market.

It wasn't high output that drove the inflation, it was the dual incomes of bloated union wages and the spending spree that resulted from that.

[slowhandluke]

High output provides for both the higher incomes and for the increased amount of stuff to buy. It can't cause inflation.

Well, maybe it can for a Keynesian economist but they believe all sorts of strange things.

Milton Friedman wrote "Inflation is always and everywhere a monetary phenomenon." Unless those dual income families you complain about were working at the Federal Reserve, what they did had nothing to do with causing inflation.