Bloomberg interviewing former Fed governors, they don't think inflation will get under control for several years, rates will stay up and there will be two recessions before it actually get to 2% which is a rate that keeps the underclass from rioting. Also even if there is a pause in Fed rate raising this year, they will likely raise rates again next year.

Many people will have to liquidate or borrow against assets and live on the proceeds. They will take on more debt, they are already doing that.

Instead of wealth building we are moving to a nation of transient paupers. People without investment in the society. And the PTB are putting out propaganda to insert that in the society's mind. "You will be happy and own nothing" And the attack on traditional marriage and family formation.