I vehemently disagree. Recently bought a pretty good and affordable 21:9 Chinese monitor, and I couldn't be happier with it. A good monitor is a basic QOL improvement for IT professionals, and these days they're still cheap because they aren't affected by the recent HDD, GPU, or RAM scarcity.

For reference, I live in Mexico, and bought the monitor with less than two week's worth of groceries. Recognized brands would cost four or five times more, but there are options for every budget.