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The ruling class is worried that too much consumption will spike inflation to levels that will render their system unsustainable.

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Have you noticed that everything the WEF claims is coming is already here?

Recycled sewer water: evaporation. You will own nothing and be happy: you already own nothing, but you believe you do. CBDC: our currency is nearly 100% digital, except M1. Transhumanism: while we don't have implemented chips as such, the vaccine certainly is not biological, it's self assembling nanobots. Plus, that iPhone is basically a part of you.

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yea its just the upper left corner of the Overton window

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most people dont know the Fed targets 2-4% inflation every year as a goal. Engineered inflation is clearly a transfer of value from those who work for or have money to those who print money and receive freshly printed money