Agreed but I don't think I am wrong here. People's largest monthly expenses- housing, healthcare, education, healthy food have all gone up in price much faster than inflation. So while measured in fiat sure your income and paper wealth have increased but your purchasing power for the goods you need and want most has not, which is why people don't feel prosperous.

Even if we talk about people who have assets like real estate and stocks these are not outpacing money supply expansion thus even though you may be making more income, your share of the pie is shrinking.