Inflation is not just a matter of disequilibrium in supply and demand and too much money in the economy. There are structural processes that drive the price level changes over time. The effects of inflationary pressures are exacerbated by the restrictive and unequal provision of necessities, which explains affordability crises.

Capacity expansion in the production of semiconductors goes together with strategic restructuring of demand. There is a greater dependency on capital-intensive reproducible inputs and products and more non-discretionary consumption. This creates a potential for structural inflationary pressures.

Large businesses manage inflationary pressures by implementing high-tech improvements to reduce costs and maintain profits. Working households cannot cut costs by adding more high-tech consumption, and are constrained by social systems of provision.