So, I've noticed that many, if not most of my peers are misconceived in thinking that the cost of goods and services has gone up over time. While we can all agree that prices are on the rise, it's clear to me that costs have actually shrunk as the economy has developed (just like is theorized to happen in a Bitcoin standard).

I drive to the store in a faster and more reliable car, I check out faster with self checkout, paying with my phone, the same goods have better QC, etc... the cost of groceries is lower.

I think this cost vs. price thing is one of the critical missteps normies make when thinking about economics, and it leads them to think that businesses are fucking them over and makes it harder for them to grasp inflationary money.