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refunded to whom? the businesses? great! where’s my refund as a consumer who paid those higher costs (passed along to me)?
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If you imported yourself, then all major carriers (Fedex, UPS, DHL) have announced that they will refund the cost.

The imported stuff you bought retail unfortunately won't be refunded (unless one of the current ongoing class action lawsuit will win).

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Not to mention that some of the effects that OP cited are either deflationary (like layoffs and automation), or clearly cyclic (like the memory boom bust stages, experienced just a few years ago post COVID).
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Ah, the ole’ “were doing better than Germany ca 1937” argument. /s
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I didn't say "doing better". I was responding to someone very wrongly stating that we're at a historic level of inflation.
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