This has been true for a long time, but here in 2022 prices are rising at a far faster rate than most of our paychecks are.  That means that our standard of living is steadily going down.  It is taking more out of our incomes to pay for essentials such as housing, food and gasoline, and that is leaving a lot less money for other things.  Of course there are many Americans that are going into tremendous amounts of debt in order to maintain the standard of living that they are currently enjoying.  But going into debt only brings more pain in the long run.

As our leaders have absolutely flooded the system with new money, those at the very top of the economic food chain have greatly prospered.