Sorry to break it you like that, but the consumer protection laws were never in place to protect the consumers. Politicians don't care about the average citizens that are losing all their savings in the high inflation times. The whole mess we are in is done by the politicians and was only matter of time to crush us. Since  the financial crisis in 2007/8 we were living in low interest rate environment. All the big countries took advantage of the low rates and added a lot of debt in the meantime. It's so much easier to make promises to the voters with money that you don't own. Companies were doing the same, adding a lot of debt to pay higher bonuses. It was only question of time for inflation to pick up with all that additional money in the economy. All the covid relief programs giving billions to companies didn't help either. Inflation is the perfect solution for the government to get out of the debt problems. Every year the debt burden will become smaller as the value of money drops. The only solution we have now is to invest our money and try to make higher returns than the inflation rates.