You're not wrong, but what you say is also not helpful. You're suggesting a microeconomic solution to fix a macroeconomic problem. It's a form of the Tragedy of the Commons. Doing what you say will simply hurt the person who does it, while making no difference in the large scheme of things.
But I'm not proposing a solution. What I'm saying is that a vicious cycle isn't broken by shrugging and conceding defeat to whatever you feel "macroeconomics" is.
It's easy pointing fingers and blaming circumstances. But I'm asking you: what would hurt exactly? Would your life be worse without the iPhone 12? Would you me less productive, would you be less happy?
