I have noticed that the more decades people live the more outrageous prices seem to be to them. This is over and above the recent surge in inflation. And also the decline in buying power.
There is also the psychological phenomenon that people expect prices to be what they were when they first became adult consumers and had to pay the bills. Moving to a fixed income compounds the effect. Inflation calculators are educational!
Moving to a true free market tames inflation and creates more opportunities. Nice to go back to that on a permanent basis instead of the constant back and forth. That would rebuild the middle class quickly. IMO.
P.S. 83K in 2021 = approximately 12K in 1970. Just sayin.