The hard part here is that this is good for people in debt, and bad for the very wealthy, so it's not a bad way to redistribute wealth as long as real incomes a

The hard part here is that this is good for people in debt, and bad for the very wealthy, so it's not a bad way to redistribute wealth as long as real incomes are growing. During this period, real incomes have been growing, and faster than inflation. So the same outcome that would get you a $1000 burger would also get you the purchasing power for more burgers than you can afford today.