But this shrinkflation sacrifice is planned for ordinary Americans by their “betters,” the wealthy liberal elites setting these policies. Don’t expect the progressives in power to give up their
private jets, their second and third
vacation homes, or their
pristine ocean views at their beach houses.
The progressive elites will never make the same sacrifices. Those sacrifices are only for the rest of us.
As it goes, such is the way of totalitarianism which is where modern 'progressivism' is headed. Those pushing the agenda already have theirs with enough accumulated wealth that the numbers you have posted in this thread are pocket change to them. They have enough for themselves and their children that financial pain, if they ever experienced it, is a distant memory plus, if they ever achieve the total power they seek, they will most likely amass even greater fortunes.
In U.S. dollars:
Forbes estimates Xi Jinping's net worth at 1.2 billion though such is so secretive there it could be a great deal more. He has acquired basically the huge majority of it since becoming a high level official in the CCP.
Vladimar Putin likewise acquired most of his $200 billion net worth by becoming a high level official in the Russian Communist Party.
Kim Jun Yong's net worth is estimated at $5 billion and mostly acquired through North Korea's Communist Party.
The average net worth of citizens in those countries is a small fraction of the average net worth of U.S. citizens.
There is huge financial advantage in being a dictator or part of other totalitarian government. And while anarchy or government with no power at all due to disarray is worse, few rank and file citizens under totalitarian regimes have ever prospered as much as they otherwise could. The only reason a totalitarian regime bothers with the people at all is a) to keep the money and power flowing to them and b) to keep them reasonably pacified so they don't object to their leaders having money and power. Despots without skills and know how to do that are at constant risk of being overthrown.
So Biden and company don't really care about inflation and lie about it all the time so they don't have to deal with it. They want the money and power. And they keep enough Americans complacent with that they can operate unchallenged in any serious way. Expect the propaganda machine--they're doing great with the economy, Trump guilty of everything bad, yadda yadda--to be cranked up further as we get closer to November so they can keep enough gullible citizens complacent and voting for them.
And it is to their advantage for the average America to be a lot poorer so that American will be increasingly dependent on and obedient to the government they intend to have.