True, wages haven't kept up with inflation that resulted from foolhardy monetary policy. Mandating increased wages is a bandaid on a gushing wound. We cannot continue debasing our currency and hope it makes a robust economy. A thriving economy requires a stable currency. Fiat by its nature is unstable.

Gold was even less stable.

That is false. Over the long term the value of a full reserve gold backed currency is stable. When politicians print more money than they have in gold is when things start to go wonky.

I'm referring to the wild historical fluctuations in gold price that happened every time there was a gold rush, war, and / or run on gold.

How do you fix wages without gov't intervention?

Because if what you're saying is true..with any unnatural gov't interference ...there will be inflation.

(which is inaccurate by the way)

I think we are going to have inflation. But it doesn't need to be Venezuela-style.

Doesn't really answer my question.