So the whole mechanism of capitalism is based on the fact that there are haves, and have-nots, albeit with freedom to move upward. The system literally does not work with everyone being a "have", if that happens, the newly minted "haves" just bring down the existing "haves" into a new class of "have-nots". That's essentially what's happened, the lowest of the "have-nots" have risen, which has led to everything being more expensive for the preexisting "haves".