Teslas and yachts and private planes aren’t any more expensive. Enormous multi-million dollar mansions haven’t gone up anywhere near as much as single-family ramblers on cul de sacs.
The elite don’t think prices have gone up because theirs mostly didn’t. Only ours did. Our food and rent and gas and insurance have skyrocketed, but even though that’s the biggest part of the budget for the biggest part of the population, it’s only a tiny little slice of the economy. The market is doing fine.
