With high employment taxes and benefits an employee cannot pay for the work of another. That causes huge problems in industries like care or medicine where prices will explode. An interesting economic metric isn't just the level of prices, it is how many hours you have to work to get an hour of work from someone else for yourself.

Part of positive inflation metrics is that it was reinforced by cheaper electronics. But what about anything where human labor is involved that isn't outsourced to low wage countries?