Savings is the basis for all wealth creation, but, again, it makes little sense to save as inflation continues to go up. Nothing eats savings, or wealth, quite like inflation.

Exactly.

Yes, there's some real luxury items, steak, purfume, etc, but many are buying durable goods like extra clothing, appliances, food prep/storage, electronics, etc. Getting it now, while they can, before they cannot. The smarter ones are sticking to quality goods, that'll last a long time.

I'm holding my breath for Nov. That'll tell me if i wasted the last 40 years building up a nest egg, or not.