The prices in the world show's exacly that people are very rich.
If nobody can't afford paying those prices then prices will fall If prices are so high it means people can afford.
But it's shame that anyone tell they don't have money to spend or buy expensive things becouse high prices show's what's the new Normal.
New Normal is WEALTH look at the rent prices even not good locations ...lol they are extremly expensive.
Everything show's that people are very rich and all have good jobs and a lot money in bank accounts.
The new Normal is to be very wealthy and it's shame to tell others you don't have money nobody don't belive you they think you joking becouse it's impossible to live in this world like this If you don't have money.
Finally the world is rich
You are hugely mistaken. 7 years ago I could afford a good rent, premium GYM and swimming pool membership, high quality food, a trip in the restaurant once a week and etc... Today I can't afford them because my rent price went so high thanks to Russia-Ukraine war that I spend 60% of my salary in rent, 30% of my salary in food and 10% of my salary in GYM and supplements. I haven't been in a restaurant for two straight years, I haven't been in a premium GYM for also 2 years, I haven't bought new clothes for two straight years and I can't save my money, I'm on paycheck on paycheck but I'm exclusively talking about what I haven't done from my salary. Definitely I make some crypto trades and that has significantly affected my wealth in a positive manner but the salary situation is terrible. Yes, my salary went significantly up but rent prices and food prices went so up also that quality of life sucks today compared to how I was living 7 years ago.
So you are very wrong. People aren't rich, they only spend money on basic things. You are forced to spend all of your money on food and rent because otherwise, you'll be out or hungry.