Continuous inflation without raised salaries means exactly the opposite of this.

I ran a python script the other day using the French state data on pricing. Minimal wage was about 1000 euros after tax in 2003, and is 1300 in 2023. But 1000 in 2003 is about 2300 euros in 2023 according to the same official data.

I don't know a single vital thing in my life that is not more expensive now than when I was a kid: food, water, energy, shelter, clothes, health... They are all more expensive.

Now sure, internet access is less expensive and better, but you can't eat wifi.