The pace of inflation may have slowed slightly but its still rising at a pretty good clip. The cost of necessities will keep going up thereby squeezing what little disposable income is left for people to spend on discretionary items. This, of course, will eventually manifest itself in a declining standard of living.
The elites don’t even notice the inflation but the shrinking middle class sure does.
“The elites don’t even notice the inflation but the shrinking middle class sure does.”
*********”
This is a key point and should be repeated ad nauseam.
Another point in the current economic/political climate is:
How out of touch are politicians, bureaucrats, business leadership, etc?
Answer: Most of them have zero solutions & just want a continuation of the globalist politics of last 50 or 60 years.(They might as well try gluing Humpty Dumpty together)