You’re making it sound like wage growth always perfectly balances with inflation. It doesn’t. Regular people get fucked when wage growth falls behind price growth, but they benefit if wage growth outpaces inflation, which it sometimes does. This means that inflation is not some ever present gotcha that always keeps the people down. It’s one factor in the equation.

On another point, can you explain why you think inflation benefits the ruling class, and deflation benefits the working class? Because you never explained this which gives the appearance that it’s based entirely on “when prices go up, ruling class win,” which is not always the case.