because printed money mostly goes to stocks, private family funds + overseas. That level of inflation requires failed financial system + lack of fiancial people.

Why do you think sp500 and stocks are at ATH? they get printed fiat that's why. you as a worker dont get printed fiat now so you dont add to consumer inflation. They gave covid checks and business loans when inflation increased, you dont get that benefit anymore. They learn their lesson to steal value from you.