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Yes, if you can't painlessly absorb a 50% increase in most peoples' second biggest expense after housing, it's all your fault and you're just being a spoiled child. /s

The word "lifestyle" means more than beer, nice cars, and smoked-salmon-avocado-toast on vacation. It includes peoples' capability to invest in their future. I'm sure you can cite many examples of fools and their money being soon parted, but there are plenty of people doing everything right who are being screwed by inflation as well.



In this hypothetical, the people that can't just absorb it are in the group getting paid more.

And if the prices are increasing 50%, then the low end pay increases must be a lot higher than 50%.




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