This will be a ridiculously short post.  Just had a thought on inflation that I'd really appreciate feedback on.  Not meant to be a political comment in any sense; purely a technical inquiry.  Really hope this gets some thoughtful responses. 

Rightly or wrongly, a growing number of organizations of all types around the world are requiring workers to get vaccinated.  Concurrently, vaccination rates are plateauing given the latest data.  If workers who feel strongly against getting vaccinated get laid off or have a harder time getting a job, doesn't the eligible labour force shrink?   And in this environment, wouldn't that feed into wage inflation? 

From there, forces on crypto could be argued either way.   Demand for crypto given the the reduced purchasing power of the dollar in one corner.... and in the other, the potential for higher interest rates which will deflate traditional asset bubbles.  Macro stress in traditional asset classes tends to correlate highly with crypto.

Inviting you to shoot down my logic or weigh in, hopefully in a respectful manner.

Cheers

NZFX