This is why the headlines to focus on are the ones not about inflation, but about wage increases and unionization happening right now.

> Consumer spending climbs sharply again — and not just because of inflation > Rising incomes partly cushion Americans against high inflation

https://www.marketwatch.com/story/consumer-spending-climbs-s...

But rising wages and the threat of a wage-price spiral and the effect on debts is precisely why the Fed is indicating they're going to crash the economy.