Anymore than the higher prices and higher salaries? Technology (tool making) is natural process to get more for less. Money printing is the elite’s way to counteract the government’s attempt to redistribute the unequal gains from what technology produces. Government can’t let a few salaries rise “at the expense” of less efficient producers, so they tax and redistribute as much as possible, and inflate the rest, which protects the elites wealth.

It takes some serious brainwashing to make people believe that lower prices (even for labor) are a bad thing. There should be just as much of a desire to a have higher purchasing power as a higher salary.