50 years ago was 1975. Inflation, depend on the month was between 6.9% and 11.8%. (cpiinflationcalculator.com/1975-cpi-inflation-uni…)

A random comparison of costs. (amerititle.com/…/1975-vs-2025-traveling-back-in-t…) Mortgage rates are down from 1975 levels. Another random site (www.1970sflashback.com/1975/ECONOMY.asp)

Is everyone better off? No, Homeless people in both years had a hard life.

Does any of this invalidate what you said? Nope. This is for other people.