Robert, this is exactly how stagflation works - only people who deserve remuneration for real work receive an adequate income that covers hyperinflation and does not lose purchasing power at a qualitative level (if we discard the growing fundamental problems of the IT sector). Those who cannot run with their income faster than hyperinflation remain in the past and are discouraged at prices that are not affordable to them. The problem is that people of age, the elderly, pensioners can no longer physically run after hyperinflation with their savings and increase income commensurately or maintain the purchasing power of their savings, because. have already dropped out of the active fruitful age of counteracting decay. But the younger generations (who want to quickly burn their debts and become an overwhelming force in making all civilizational decisions in their favor) generally do not care about their problems, they are, as always, selfish and ruthless to the elderly...
The problem of prices is the problem of stability in civilization and fair remuneration of the past (which is even more important) and current merits and punishment of those who lived / live not by these rules in all generations. But not the insane accumulation of debts (and all generations are guilty of this, a significant part, starting with the boomers) and further screams from all sides - that we want to continue to live beyond our means. Everyone wants to continue the banquet at someone else's expense, but those who really paid for all this feast during the plague no longer want to be sponsors for the social strata they no longer need, regardless of their generation...
Gadget prices are just a manifestation of this global trend. their production represents the most complex chains of the global division of labor and therefore most quickly respond to excess fiat (swelling of the money supply on the planet without adequate support by filling it with goods and services necessary for all, especially high-quality ones for a really comfortable life) that appeared in the system, leading everything to a rapid scale of change nominal prices, when the stability of civilization is broken or completely destroyed and all debtors (at the private, corporate and state level) are billed for payment with interest from the real creditors of the global system - the most productive and really valuable sections of the population for civilization..
This is a brief explanation of why it won't get any better in life for the current and next 3-4 (at least) generations.
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