It has been said that inflation is not a bad thing because median wages will increase alongside it. In practice that has not been the case. In 2014, when I was asking for $15 an hour, my rent was $740. Now that I'm getting $15 an hour, my rent is $2,400 and I need several room mates just to get by. Inflation is not a bad thing if wages increase in correlation to it, but if they DON'T, then it functions as a tax on our future. The vice is tightening, things are becoming miserable, and a growing number of our children and our future are turning to hard drugs and escapism as a way of coping with it.
The 1% has managed to enslave everyone else; people grow apathetic, and take drugs, because, really at this point, who cares?