“The elites don’t even notice the inflation but the shrinking middle class sure does.”
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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)
Ever notice how efforts to reduce inflation are always done from the demand side (increase borrowing costs and higher unemployment) and not from the supply side (more supply to bring down prices)? Its always a one sided policy that hurts the middle class the most.