what is "inflation", pray? is it a fact in the world? does "wages rising faster than inflation" correspond to "an improving standard of living" in a reliable, meaningful way? what is the role of relative wealth changes favoring the top vs slight compression of wages from tiny baselines @ the bottom?

you use the word "fact" about things that do not even exist in the world, that are human constructions not actual phenomena, that are not even "social facts" in the sense of becoming real by virtue of their social consequences.

you tell yourself stories, imagine they are "objective", when there is more, much more, than enough freedom in what we actually observe about actual circumstances, for those stories to be 180 degrees wrong, in human welfare terms, yet your comfort yourself. these are facts.

they are not.