Wages haven't grown with monetary supply inflation. Every dollar earned buys less each year and wages stay mostly the same. Without debasement what you earn b

Wages haven't grown with monetary supply inflation. Every dollar earned buys less each year and wages stay mostly the same. Without debasement what you earn buys mostly the same amount of stuff the next year. Then you are able to save and count on your money actually being worth something when you need it. We have had over 100 years of debasement that increased in rate after 1971. You need to look at a longer time frame to see how badly we have all be fucked. We haven't had obvious consumer price inflation because the money supply is hitting the financial class first. Instead we have seen asset prices increase rapidly. With the stimulus checks every citizen has had a taste of what has been happening with banks for a century. But, we have had price inflation. Instead of raising the price at the store most manufacturers have opted to reduce package sizes for the same price. They didn't do this for your health. The price creep up is slow enough that it can be hard to notice. I am not sure how old your are. Think back of how much a dollar bought you when you were young. Can you buy those same items for a dollar now? How about 5 dollars? This is the pernicious result of debasing the currency.