Please explain how to keep up with a fricking 7.9% inflation rate... -You spend 7.9% less. Think of it as an automatic built-in saving mechanism that helps you save. And better yet, if you are able to put that much % of your money saved into an interest-paying investment, you will even beat that inflation rate. Let's say you invest in a term deposit that's paying you 2%, with 7.9% + 2%, you will be earning 9.2%!! There you go!
Increase leverage or eat less Perhaps you could trade the inflationary assets, like few tangible assets?
Didn't Joe Biden and Democrats say that with higher salaries nowadays including, the $15 per hour wages for fast-food workers that now, everyone can afford to pay the higher prices? Ask Alexandria Ocasio-Cortez, she will tell you that with the great economy, people can pay the high prices with their monies. The reason people invest and trade in the stockmarket is because you can get double digit returns. If you cannot get a 10% or more return on your monies, you better pack it in. You have no clue on how to invest or trade the stockmarket.