Problem
Conservatives and rich people are starting to panic over the situation. But one financial analyst stated "Don't listen to this nonsense about inflation. You'd be much better off letting this boom ride and seeing where it takes us. In a year or two, we'll be back to a very low unemployment economy, but this time with substantially higher wages and productivity, and a much more robust supply side."
Can you explain why he suggests that there will be higher wages, productivity and supply? What's the economic logic behind it?